The man who's got it all figured out

The man who's got it all figured out

By LeftFooted | Cars & tech | 4 Mar 2025


You may have never heard of him but Peter Rawlinson is a man who's clearly got it all figured out.


Rawlinson is the former CEO of Lucid, an EV startup turned public company that's been rivaling (more or less) Tesla and other EV brands.


In 2022, Rawlinson reportedly walked home with $379 million.

His base salary was a lot lower than that, and most of it was stock options and grants, but still.

Not bad for a company that's been in the red since inception.


The thing is, Lucid lost $2.7 billion last year, but the company is in safe hands because its majority owner is Saudi Arabia's PIF, the Public Investment Fund that's de-facto owned and controlled by the Saudi government.


Interestingly, Rawlinson recently stepped down as CEO, I'm not sure why since the company wasn't doing any worse or any better than it had been doing in 2023, 2022, 2021 (just a slow, but steady, growth).


But it doesn't matter.


What matters is he'll keep working for Lucid as an advisor to the Chairman of the Board.


And he'll be earning $120,000... per month. On top of that, he'll receive a $2 million stock grant, health insurance, and a company car. We're doing this all wrong, lads.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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