How much does a 2025 Lucid car cost?
The 2025 Lucid Air has a starting sticker price of $71,400, with the range-topping Air Sapphire kicking off at $250,500. A 2024 Lucid Air has a current resale value of $34,400 and trade-in value of $28,700. The 2024 Lucid Air is in the 75-100% percentile for depreciation among all 2024 Sedans.
Who owns Lucid Air 2025?
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. In February 2021, Lucid Motors announced a deal valued at $11. Churchill Capital Corp IV, a publicly traded special-purpose acquisition company (SPAC).
Who is Lucid’s biggest investor?
But Lucid keeps chugging along, helped immensely by its biggest financial backer: Saudi Arabia’s sovereign wealth fund. In an industry rife with financial failures, having a deep-pocketed lead investor is a huge advantage. Lucid has significant losses and minimal revenue Growth companies typically don’t generate significant profits when they’re just getting started, and that’s been true for Lucid. The company’s third-quarter 2025 net loss was approximately $1 billion, a very substantial amount.Lucid is only appropriate for aggressive investors. And even then, you will need to tread with caution. It operates in a highly competitive industry and, at this point, it is little more than a rounding error relative to its more established competitors on the production front.