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The Latest Breaking News from Lucid

Lucid CEO Peter Rawlinson Received $379M In Compensation In 2022

Lucid CEO Peter Rawlinson received a $575,000 base salary plus $378,432,753 in stock option gains and awards in 2022.

InsideEVs

Lucid Motors’ Tesla Model 3 Competitor In The Works, $50,000 Price Target

Lucid Motors CEO Peter Rawlinson indicated that the brand aims to launch a $50,000 EV in the mid- to late-decade time frame.

InsideEVs

Lucid CEO’s $379 million annual pay draws criticism from billionaire Elon Musk: ‘Beware any company where leadership compensation is not linked to performance’

Musk earned an unprecedented $23 billion from Tesla two years ago after hitting performance targets.

Fortune

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Lucid Air Midnight Dream Edition Teased Ahead Of IAA Show Debut

The Lucid Air Midnight Dream Edition will make its official debut on September 5 at the company's Studio in Munich during the IAA Mobility Show.

InsideEVs

Porsche 911 Turbo S Drag Races Lucid Air Dream Performance In ICE Vs EV Fight

These two cars couldn't be any more different, and yet it's exciting to see them in a quarter-mile showdown.

Motor1

Lucid Air Price Cuts Are Working, Sales On The Rise, CEO Says

Lucid CEO Peter Rawlinson said the price cuts applied to the Air lineup in early August have been "so well received by customers [and] the market alike."

InsideEVs

The 5 Most Luxurious EVs Money Can Buy

It's not all about Tesla. Cadillac and Rolls-Royce are offering up their own expensive-but-luxurious EVs for the 1 percent that can afford them.

Inverse

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Tesla Fires Another Round In EV Price War With Cheaper Model S, X, As Top Investor Keeps Selling

Tesla stock is down 10% in August with Cathie Wood dumping shares in three straight sessions. Tesla launched cheaper Model S and X trims Monday.

Investors Business Daily

Market Rally On The Ropes, AI Stocks Tumble: Weekly Review

The market rally suffered more damage as the Nasdaq undercut key support and many leading AI stocks sold off hard.

Investors Business Daily

Volvo’s Owner Calls Tesla’s Model S Plaid ‘Dull,' Teases New Electric Sports Car

Zeekr's upcoming electric sports car, the 001FR, could challenge EVs like Lucid's Air Sapphire or Tesla's Model S Plaid.

Inverse

2 EV Stocks to Avoid in August

EV stocks have come off their recent highs amid the recent downturn in wider markets. With the industry facing some serious headwinds in the short to medium term, I believe investors should avoid Nikola and Lucid Motors shares - here's why.

Barchart

6,200 Lucid Airs Affected By Up To Three Recalls

The Lucid Air has received three recalls. The issues range from potential power loss to the backup camera not loading.

InsideEVs

Rivian Will Not Join Tesla And Lucid In Cutting Prices To Spur Sales

Rivian CEO RJ Scaringe said the company has plenty of orders for the R1T and R1S that will take "deep into 2024" to fulfill at the current production rates.

InsideEVs

Lucid's Air Sapphire EV Makes Tesla's Model S Plaid Seem Sluggish

Lucid is justifying the Air Sapphire EV's eye-watering price tag with acceleration and speed that tops Tesla's Model S Plaid.

Inverse

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InsideEVs

Lucid Air Limited Assembly In Saudi Arabia To Start In September

Lucid's first overseas plant will receive partially assembled Lucid Air EVs from the AMP-1 factory in Casa Grande, Arizona, and will assemble the cars locally.

Motor1

2024 Lucid Air Sapphire First Drive Review: Crystal Blue Persuasion

The superlative sedan makes 1,234 horsepower and costs a cool quarter-mil.

InsideEVs

Lucid Maintains Production Guidance Despite Underwhelming Q2 Results

Lucid reiterated its production goal of 10,000 vehicles for the year as it expects stronger sales in the second half thanks to reduced pricing and new launches.

Investors Business Daily

Lucid Earnings Miss, Stock Pops. Luxury EV Startup Challenging Tesla Affirms Key Goal.

While Lucid earnings disappointed, EV startup maintained its production target, bolstered its balance sheet. Lucid stock wavered.

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Zenger

Lucid Takes A Leaf From Tesla’s Playbook? EV Startup Aggressively Cuts EV Prices Ahead Of Q2 Results

Lucid's cheapest model, the Lucid Air Pure, is now available for a starting price of $82,400

InsideEVs

Lucid Air Lineup Sees Big Price Cuts, Pure AWD Now Starts At $83,900

The Lucid Air also gets special lease pricing available through the end of August, with the Air Pure AWD starting at $749/month for 36 months.

Zenger

Lucid Teases Air Sapphire Super-Sports EV With Release Line Photo: ‘Will Be Available Soon’

Lucid Motors‘ (NASDAQ:LCID) limited-production Air Sapphire is seemingly ready to hit the road.

InsideEVs

Lucid Starts Building Air Sapphire Release Candidate Vehicles

The fact the Lucid Air Sapphire has reached the release candidate stage suggests that production of customer vehicles is probably weeks away.

InsideEVs

Young Car Brands Like Tesla, Lucid More Tolerant To Buggy New Tech: ZF

Young car brands like Tesla, Lucid, Nio, and Xpeng want the newest technology as quickly as possible, even if it doesn’t work as reliably as intended.

InsideEVs

US: BEV Sales Rise But Some Brands Are Cooling Off Compared To 2022

After the first five months of the year, we can see that not all brands are enjoying the growth of all-electric car sales in the United States.

InsideEVs

Drivers Can Now Rent Lucid Airs In Saudi Arabia

Lucid Motors is implementing more programs to purchase its luxury electric sedans stateside. For customers in Saudi Abroad, renting is now an option.

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