Is Lucid a good EV?
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. The Lucid Air bests the Tesla Model S in most categories of this showdown, including price, interior quality, seat comfort, acceleration, and range.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.All Lucid Air owners, regardless of model or model year, now have access to the North American Tesla Supercharger network.There, about 100 car experts subjected the vehicles through rigorous tests to examine their range, charging performance, driveability on icy surfaces, acceleration and safety tests. Overall, Chinese EVs largely outperformed the Tesla Model Y, Model Y L and even the Model 3.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.
Is Lucid as good as Tesla?
Range: Lucid wins hands down and improving except for in extreme cold when ALL electric cars suck at estimating the miles remaining. General Tech and feature maturity: Tesla has a slight edge in the maturity of how the tech performs but Lucid seems to have more features. Dual screen is great. The Lucid is incredibly roomy inside, both in the front and the back. It feels much more spacious and comfortable than my Teslas, which is a huge plus for longer drives or with passengers. Software Responsiveness: The Lucid’s software feels much zippier and more responsive than what I’m used to in my Teslas.
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. The good news is that Lucid’s main investor, Saudi Arabia’s Public Investment Fund, or PIF, continues to support the company. They increased Lucid’s loan facility from $750 million to $2 billion, giving Lucid enough liquidity to last roughly until the first half of 2027.Riyadh, September 17, 2018 – The Public Investment Fund (PIF) of Saudi Arabia announced today that it has executed an investment agreement of over US$1 billion with Lucid Motors (Lucid or the Company), through a special-purpose vehicle wholly owned by PIF (Transaction).On the whole, Lucid is a risky stock because of its immense cash burn and no clear pathway to profitability. However, over the long term, the company still has millionaire-maker potential, as new model releases potentially help it scale up its business model.Lucid is also rumored to be using the Earth platform for two other future models, though their launch dates are more uncertain. As the Gravity ramps up production and other models launch, Lucid investors should hopefully see the company’s vehicle production — and sales — continue rising over the next few years.
Is Lucid a good buy right now?
Lucid Motors has quickly built a solid reputation as a manufacturer of electric vehicles and is often regarded as one of the best cars on the market. However, it’s still a young company, and like any startup with high quality, it needs time to fully develop. Now is a good time to invest in LCID. NASDAQ: LCID According to the income statement, Lucid is bleeding red ink. It lost $3. Q3 2025 alone and $8. However, the bigger concern is gross profit, since the company is losing money on every single car it makes.Read our Advertiser Disclosure. Analysts are saying that Lucid Group could hit $11.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.What is the 2025 price prediction for Lucid Group (LCID)? Financial analysts have set a price target of $9.
Is Lucid a Chinese company?
Lucid Group, Inc. American automotive and technology company that manufactures electric vehicles and supplies advanced electric vehicle powertrain systems. The company is headquartered in Newark, California. Despite what the internet might tell you, Lucid Motors is not a Chinese company. Additionally, despite its similarities to Tesla, the two are not related. It has Silicon Valley roots and is based in Newark, California, while its manufacturing plant is in Case Grande, Arizona, which is a Phoenix suburb.Who Owns Lucid Motors? 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.Despite what the internet might tell you, Lucid Motors is not a Chinese company. Additionally, despite its similarities to Tesla, the two are not related. It has Silicon Valley roots and is based in Newark, California, while its manufacturing plant is in Case Grande, Arizona, which is a Phoenix suburb.