Is a used Lucid a good buy?
Many writers in the industry confirm that the Lucid Air is a serious amount of car for your money in the used market. While first-time owners may have lost up to 50% of the vehicle’s value in just two years, there are signs that the depreciation curve per mile may now be beginning to flatten. The company was burning through large amounts of cash, using over $950 million in the most recent quarter alone. Lucid also operated with negative gross margins, meaning it lost money on the cars it sold. These financial pressures existed alongside production setbacks and concerns about weakening demand for EVs.
How much is Lucid in 2026?
The price of the 2026 Lucid Motors Gravity starts at $81,550 and goes up to $141,550 depending on the trim and options. While we suspect a lower-cost Pure trim will be added later, only Touring, Grand Touring, and Dream Edition trims will be offered for 2026. The Lucid Gravity Touring, which will have a starting price of $79,900 and is planned for late 2025, will also use Panasonic Energy’s 2170 batteries.
Can I buy a used Lucid Air?
Lucid is pleased to offer a pre-owned vehicle program that lets more drivers experience the joy of owning an award-winning Lucid vehicle. Saudi Arabia’s Public Investment Fund (“PIF”) remains Lucid’s largest shareholder, holding more than 50% of the company. Since 2018, PIF has invested more than $8 billion in Lucid, providing long-term financial backing and reinforcing confidence in the company’s global manufacturing and expansion plans.Lucid has a market capitalization of roughly $3. As a result, the company will likely continue to lean heavily on funding from Saudi Arabia’s Public Investment Fund (PIF).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).Lucid Group, Inc. American automotive and technology company that manufactures electric vehicles and supplies advanced electric vehicle powertrain systems.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.
Who owns 60% of Lucid?
Both Lucid and Uber share a powerful common investor, Saudi Arabia’s Public Investment Fund (PIF). The PIF owns ~60% of Lucid and ~3. Uber. To date, the PIF has invested over $8 billion into Lucid, more than Lucid’s current market cap of ~$7. Key Points. Lucid, as a company, has potential, and its products are solid, but its financial position is rough. The company is growing its revenue, but its costs are going up almost as quickly. Lucid has the worst profit margin and a weak cash position compared to competitors like Tesla and Rivian.There are a few key reasons behind company’s valuation slide over the last 12 months of trading. For starters, Lucid’s business has continued to post huge losses. The company has also continued to raise funds by selling new stock to its largest shareholder — Saudi Arabia’s Public Investment Fund (PIF).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.Given the ongoing losses, limited capital, and modest size of Lucid’s business, most investors should probably view its reverse stock split and subsequent stock price declines as a warning. Only the most aggressive investors should consider owning Lucid, and even then, a great deal of caution should be exercised.