2021 Lucid Air Pricing Tops Out at $161,500 USD After Federal Tax Credits [u]

Lucid Motors has shed more light on its Lucid Air electric vehicle pricing, ahead of the company’s live stream event on September 9, 2020.

According to Bloomberg, a Lucid Motors spokesperson confirmed the following pricing for Lucid Air, which is targeting Tesla’s Model S customers:

  • Dream Edition: $161,500 USD after federal tax credits
  • Grand Touring: Low $130,000s after federal tax credits
  • Touring (late 2021): below $100,000 USD

Lucid Motors is run by CEO and CTO Peter Rawlinson, a former engineer for Tesla who played a key role in designing the Model S.

The Lucid Air sedan has double the range and power of the Model S, as the four-door electric vehicle makes 1,080 horsepower and has a range of 517 miles under perfect conditions. It also recently ran a 9.9 second quarter-mile, making it as fast as a Bugatti Chiron.

A Lucid Motors spokesperson told Bloomberg Phase One will see the company build 800,000 square feet of space at its factory in Arizona, with room to expand as a line of SUVs comes in the future, along with other models.

“Let’s just say Elon is paying very close attention to what we are doing here,” said Rawlinson with a big laugh, when asked if he was still friends with Elon Musk.

As for Lucid Motors showrooms, they will open to the public this month by appointment only, with 9 slated to open across the U.S. in California, New York and Florida. Customers can order Lucid vehicles at these locations and online.

According to Rawlinson, the first production year at Lucid Motors will see 7,000 to 8,000 units, with full production levels closer to 34,000.

As for who the Lucid Air is designed for? It’s for “someone who has an S-Class Mercedes who says: ‘Ten years ago, I wouldn’t have been that interested in electric. Tesla has piqued my interest, I love what Tesla is doing with electric, but I’m not getting out of my Mercedes for a Model S.’”

The Lucid Motors special event is set to be live-streamed on September 9 at 7pm ET.

Update: Tesla CEO Elon Musk responded to a Lucid Air article on Twitter to say, “Rawlinson didn’t design Model S. Prototype was done before he joined & he left us in the lurch just as things got tough, which was not cool. He did make some contributions to body/chassis engineering, but not to powertrain, battery, electronics or software.”