Lucid Group finally named a permanent CEO on April 14, 2026, ending a 14-month void left by Peter Rawlinson’s abrupt exit. Silvio Napoli, a veteran of the Schindler Group with three decades in elevators and escalators, steps in as the electric-vehicle maker grapples with ballooning losses and a shrinking cash pile. And right on cue, Lucid announced $750 million in fresh funding from an affiliate of Saudi Arabia’s Public Investment Fund and Uber. The timing? Perfect for a company that saw cash and equivalents drop over $600 million in 2025 alone. Rawlinson departed in February 2025, handing the reins to interim chief Marc Winterhoff. No disagreements cited. Just a sudden shift to a strategic advisor role, complete with $120,000 monthly payments for two years, a $2 million stock grant vesting in installments through 2027, a company car, and health benefits. That’s roughly $2.88 million in cash plus equity on top of his prior windfall.…