The week was abuzz with news from the automotive and aviation sectors. From Lucid Group Inc. (NASDAQ:LCID) clarifying its business priorities to Tesla Inc. (NASDAQ:TSLA) revealing design plans for its Cybercab, there was no shortage of headlines. Additionally, Elon Musk made a plea to retired air traffic controllers, Trump’s helicopter movements caused FAA disruptions, and Mullen Automotive (NASDAQ:MULN) saw a significant stock surge.
Lucid’s Interim CEO Clarifies Business Priorities
Marc Winterhoff, the interim CEO of Lucid Group, refuted rumors that the company is planning to sideline its car business. He clarified that former CEO Peter Rawlinson’s statement about Lucid being primarily a tech company was misinterpreted.
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Tesla’s Cybercab to Forego Stainless Steel and Paint
Tesla’s dedicated robotaxi, the Cybercab, will neither have stainless steel panels nor be painted, according to senior company executive Lars Moravy. He explained that the material used for the Cybertruck does not allow for the Cybercab’s required curves or structure.
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Elon Musk Calls for Retired Air Traffic Controllers to Return to Work
Elon Musk, the Department of Government Efficiency lead, urged retired air traffic controllers to consider returning to work due to a shortage of highly skilled controllers. This call comes as the FAA is recruiting entry-level air traffic controllers.
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Trump’s Helicopter Movements Cause FAA Disruptions
New FAA regulations requiring the shutdown of runway operations at Washington’s Reagan National Airport during President Trump’s helicopter movements have led to significant disruptions for airlines and passengers. The restrictions were implemented following a fatal collision between an Army helicopter and an American Airlines jet.
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Mullen Automotive Wins Contract
Mullen Automotive’s stock experienced a significant surge on Wednesday after it said that its fully electric commercial vehicles have been included in the National Auto Fleet Group's (NAFG) Sourcewell contract.
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Photo courtesy: Tesla
This story was generated using Benzinga Neuro and edited by Anan Ashraf.
