Tag: Climate

Former Lucid Motors Executive Appointed as CFO of Ford, Current Chief Promoted

Ford recently announced a major executive shakeup, with the appointment of the former chief financial officer of electric-vehicle startup Lucid to replace its current CFO. The ex-Lucid executive, Sherry House, will join Ford as finance vice president in early June and will transition into the CFO role by early 2025. Current CFO John Lawler will […]

EV Startups Rivian, Lucid, and Nikola Seek Ways to Increase Funding

Electric vehicle startups, once the darlings of investors and the automotive industry, are now facing tough market conditions as they struggle to survive and prove their viability. Companies like Rivian Automotive, Lucid Group, and Nikola Corp. are all focusing on conserving cash, reducing costs, and improving operations to weather the storm. Rivian, with its strong […]

Oklo nuclear startup goes public under Sam Altman’s leadership to drive AI advancements

Oklo, a company specializing in advanced nuclear fission technology, made its debut on the New York Stock Exchange on Friday, with Sam Altman serving as chairman. The company, which has not yet generated any revenue, went public through a special purpose acquisition company called AltC Acquisition Corp., founded and led by Altman. Shares in Oklo, […]

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