Lucid Motors
, an up-and-coming challenger to Tesla in the luxury-EV space, announced that the base version of its Air sedan will cost $69,900 after the $7,500 US federal tax credit. At a release event in September, Lucid said the entry-level Air would start somewhere around $80,000, but didn't reveal detailed pricing until Wednesday., the base-model Air will have a single motor, 480 horsepower, and a 406-mile range, beating out the range of the Model S by just four miles.
The numbers 69 and 420, the latter of which is a reference to pot-smoking culture, have become memes among Tesla's fans and for Musk himself. In July, TeslaBut Musk's fondness for the number 420 has landed him in hot water in the past. In 2018, that he had secured the funding to take Tesla private at $420 per share, sparking a US Securities and Exchange Commission probe that resulted in a $40 million settlement from Musk and Tesla. A recap of all things electric vehicles, ride-hailing, airlines, and more. Sign up for Insider Transportation.
Based Elon
I'm still waiting for a vehicle that is actually affordable. Wasn't that the first thing Henry Ford did?
1HQDsWmU93sgeM76TDJVveqjKty9svFvEm (This is my Bitcoin account)
Still too high on price after all there’s a few other cars coming out soon that’s going to be giving Tesla competition 👀😎🤷🏻♂️
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