Lucid Motors drops the price of its cheapest EV by more than $8,000

www.yahoo.com Lucid Motors drops the price of its cheapest EV by more than $8,000

Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The mo...

Lucid Motors drops the price of its cheapest EV by more than $8,000::Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The more powerful Lucid Air Touring model -- which offers all-wheel drive performance and roughly 50% more horsepower -- will now start at $77,900, down from $85,900.

28 comments

I mean, I want one but that's still unaffordable for me and like, a vast majority of people. Beautiful car, though.
- It’s like we are entering an economy where you are either rich and can afford basic things like a car and house or you are poor and feel like you are being kept out of this world.
  
  This is by no means a "basic" car though.
- What are you talking about? Didn't you see? It's down $8k. We can ALL afford one now. Hell, I'm gettin' two of them.
Keep on not spending money in cars gang, let’s get them prices down!
- What money?
Let me know when someone makes a convertible sports coupe/roadster EV with more than 400bhp for under $30K (and not made by Tesla). That's when I'll start shopping for an electric vehicle. I'm so fed up with all these boring sedans and SUVs with only three "color" options: black, white, and gray.

Also, my HOA will have to install chargers in my condo complex as well, cause I refuse to be like those rich idiots who have to sit in a parking garage for hours at a time while they wait for their Tesla to charge.
- /s ?
- The MG4 XPower has 435hp, a range up of 385km or 520km, na wide range of colors and a price of 40 500€ before tax credit of subsidies.
  
  So it's getting close to 30k with subsidies. Still not a roadster but MG is preparing the MG Cyberster that should be available in Europe this summer.
  
  Yay, more amazing cars that'll never make it to the states. I appreciate you trying to help, though.
- The MG4 XPower has 435hp, a range up of 385km or 520km, na wide range of colors and a price of 40 500€ before tax credit of subsidies.
  
  So it's getting close to 30k with subsidies. Still not a roadster but MG is preparing the MG Cyberster that should be available in Europe this summer.
Boy I'd hate to be the last person to buy the car before the price drop. That happened to me with the PS2 back in the day and it sucked, that was like $200.
- With Tesla, if you hadn’t taken delivery of the vehicle yet, they dropped the price they expended you to pay at pickup.
Yeeeeaaaahhhhhh. I bought it at 25 bucks a share. Ugghhhh
- In the same boat. I'm contemplating just cutting my losses at this point.
  
  I think you have time to maybe not lose a much. The Saudis can fund it easily until it's popular at least over there.
- I feel less bad now with the Fisker I got at $6/share.
- 💎👏🏻?
- Ha, $3.97 cost basis here. Average it down 😂
Nice looking cars
Dropped the cheapest model by $8,000, down to only $70,000

For some reason I don't think that's going to make sales skyrocket

28 comments