Which is better, Tesla or Lucid?
Having owned both, Lucid is better in every regard EXCEPT the infotainment. Tesla’s app, connectivity, and integration has yet to be beat. But the Lucid Air is an incredibly well-engineered driver-focused car. The Lucid Air bests the Tesla Model S in most categories of this showdown, including price, interior quality, seat comfort, acceleration, and range. It’s easily the runaway winner of this showdown. It’s worth noting that these are both excellent luxury EVs and have U. S. News overall ratings of 8.The Lucid Air bests the Tesla Model S in most categories of this showdown, including price, interior quality, seat comfort, acceleration, and range.
Are people buying Lucid instead of Tesla?
Last year, Lucid delivered 10,241 vehicles, the majority of which were Air sedans, a 71% increase from 2023. U. S. EV leader Tesla delivered 1. Unfortunately, sedans have consistently compared to SUVs, crossovers, and pickups–which now all but dominate the roads. Luxury electric vehicle developer, Lucid Motors is headquartered in California but is majority funded by the Saudi Arabian sovereign wealth fund, Public Investment Fund (PIF).Therefore, Lucid probably won’t come anywhere close to matching Tesla’s market cap by 2040. But if this underdog gets its act together, it might still carve out a defensible niche with its pricier and longer-range luxury EVs.Though high losses related to production growth are to be taken seriously, Lucid Motors has a very strong liquidity position and recently signed a deal with Uber that will see the ride-sharing company invest $300 million into the electric vehicle startup. Even without this investment, Lucid Motors is doing rather well.Lucid Motors is majority-owned by Saudi Arabia’s Public Investment Fund (PIF), which holds over 60% of the company as of 2025. This strategic partnership has enabled Lucid to secure billions in funding, fueling its global expansion and R&D efforts.Optimistic forecasts suggest Lucid Motors could significantly increase its market share within the luxury EV segment. Analysts anticipate stock prices reaching between $30 and $40 by 2030, driven by anticipated production growth, technological advancements, and expanding consumer demand for premium electric vehicles.
Is Lucid a good car to buy?
If you’ve put your EV buying plans on hold out of concern for range, the Lucid Air may be compelling enough to convince you to pull the trigger on an electric car. So impressive is its performance and features, it landed a spot on both our 2025 10Best and 2025 Editors’ Choice lists. But according to the CEO of Lucid, who previously worked at Tesla, the decision was a personal one for CEO Elon Musk. More on that below. Unlike the gas cap on internal combustion engine cars, the port on an EV could be almost anywhere.
How much is the Lucid 2025 SUV?
Lucid Motors 2025 : Lucid Gravity Touring: The Luxury Electric SUV Designed Without Compromise, Now Starting at $79,900¹ Lucid has earned praise for its vehicles, thanks to their industry-leading range, luxury design, and technology. That said, the company is still losing money, which should make investors hesitant. I’d like to see improvements in its efficiency and bottom line before purchasing the stock.The transition is already having a significant impact on Lucid’s operational results. Third-quarter earnings jumped 68% year over year to $336. Gravity SUV. That said, Lucid is still far from sustainable profitability, with an operational loss of $942 million in the period.Lucid Group, Inc. Thursday after the company launched a cheaper version of its Gravity SUV to broaden its customer base amid weakening U. S. EV demand and mounting financial pressures.