Lucid stock falls as sales miss expectations

Lucid’s future was already cloudy, but lately the EV startup’s name is practically a misnomer.  On Wednesday, Lucid told investors that it delivered 1,404 of its Air sedans during the second quarter, missing Wall Street analysts’ expectations by nearly 600 vehicle deliveries. The startup also said it built 2,173 vehicles during Q2, down from 2,314…

Lucid stock falls as sales miss expectations

Lucid’s future was already cloudy, but lately the EV startup’s name is practically a misnomer.  On Wednesday, Lucid told investors that it delivered 1,404 of its Air sedans during the second quarter, missing Wall Street analysts’ expectations by nearly 600 vehicle deliveries. The startup also said it built 2,173 vehicles during Q2, down from 2,314…

Lucid stock falls as sales miss expectations

Lucid’s future was already cloudy, but lately the EV startup’s name is practically a misnomer.  On Wednesday, Lucid told investors that it delivered 1,404 of its Air sedans during the second quarter, missing Wall Street analysts’ expectations by nearly 600 vehicle deliveries. The startup also said it built 2,173 vehicles during Q2, down from 2,314…

How to Give Constructive Feedback That Actually Changes People

Opinions expressed by Entrepreneur contributors are their own. Providing good feedback to colleagues is important for professional and personal growth. Yet for many people, giving feedback can be uncomfortable and even anxiety-inducing. You worry about offending others, saying the “wrong” thing, or coming across as too critical. But avoiding difficult feedback conversations prevents opportunities for…

Tumblr is losing $30M each year, CEO says

If we’ve learned anything from this past year of Twitter clones, CEO fights, shitposting and bad, money-grabbing policies, it’s this: making a social media company profitable is hard! After rolling out some unpopular features, Tumblr is now trying to “build in public” and be more transparent about the business behind the fandom-driven platform. In a…

Ransomware Extortion Skyrockets in 2023, Reaching $449.1 Million and Counting

Jul 12, 2023THNRansomware / Cyber Threat Ransomware has emerged as the only cryptocurrency-based crime to grow in 2023, with cybercriminals extorting nearly $175.8 million more than they did a year ago, according to findings from Chainalysis. “Ransomware attackers are on pace for their second-biggest year ever, having extorted at least $449.1 million through June,” the…

BT to find new CEO amid takeover rumours

BT CEO Philip Jansen has revealed his plans to step down from his position, sparking rumours of a possible takeover bid for the telecommunications company. BT stated that Jansen would depart at an “appropriate moment” within the next 12 months.  The news comes as BT intensifies efforts with advisors Robert Warsaw and Goldman Sachs to…