Works out to $130,000 net loss per vehicle I think that's an improvement?

 

that's pretty horrendous. lol

 

Starting a brand-new car company and designing new platforms from the ground up is eye-wateringly expensive. When those massive costs are spread across a modest number of units, you wind up with huge losses per unit. The key will be if Lucid can turn the corner and increase their volume. Adding a CUV to the lineup is unlikely to hurt them in that regard.

 

to use your term, the 'gravity' is eye-wateringly expensive though, so unlikely to help lucid a whole lot.

they will need something that can sell in volume.

 

I don't feel like $80k (before incentives) for a Luxury 3-row SUV is crazy expensive in today's market. It is in fact, a tiny bit cheaper than the Model X, which is not exactly in the luxury segment.

 

Add in some almost-necessary options, though, and it rises in price very quickly. A lot of the good stuff is optional on these. I specced one yesterday, and had no trouble at all hitting over 120K. That's not necessarily a bad price in itself, and these are great vehicles, but you have to be confident that Lucid will be around to support and update it. It took much cheaper and more mainstream models to really propel Tesla into the stratosphere and Lucid seems some way off from that.

 

It isn't, at all...

 

Yesterday at the Tesla factory I saw a Model X 6 seater, it was an inventory car, list price was $88,130 (cash, OTD), this is before the $7500 credit with another $4k off list price, plus $500 off loyalty credits. It was being sold as new, I think odometer was less then 30 miles on it. I also saw a Plaid Demo that was heavily discounted.

Although you may not think $94K or whatever the Lucid Grand Touring is selling for is a lot, I would rather take my chances spending that type of money with a Model X, I have service centers everywhere around me, and I know 100 percent Tesla is going to be around in the next 10 years

 

The only X that qualifies for the non business tax credit, is the base in Stealth Grey. Discounts don't change that.

 

I didn't know that, but $4,500 off is still not bad, and doesn't change what I posted previously. Another unfortunate thing is Tesla doesn't offer (at least right now) the lower APR on X financing, it's currently 5.59 percent

 

You just lease it, then you’re protected. Zero interest in a Model X so I wouldn’t even consider one over this Lucid.

 

How are you protected if you are on 3 year lease, and on year two MBS decides to pull funding? And then a motor, battery or other electronic component goes out and you have no repair shop to take it to? If you think it's such a safe product, why don't you lease one? As much as I like the company, want them to succeed, I wouldn't touch one with a 10 foot pole. I learned my lesson with Polestar

 

I very well may lease one when the time comes, I’m not in the market for a car right now lol.

With a lease the residual value is locked in, you just drive it and give it back in 2-3 years. They have a very attractive 2 year lease on the Air, Lucid isn’t going anywhere within 2 years. Even if they did the US government guarantees the warranty on a new car during any kind of restructuring.

What happened to you with Your Polestar? It’s a Volvo, repairable by Volvo. I don’t remember if you leased it or bought it.

Personally I would not buy any EV, the resale value is too uncertain. Leasing is much safer.

 

There are only three places in California that service Polestar, both here in the Bay area are far from me, and the third one is in Los Angeles, nearly 300 miles away. I've only had one major issue with the car, and it ended up in the shop for 6 weeks, 300 miles from home. Because there is only one Polestar service here and it's backlogged, scheduling an appointment for anything takes months. The second issue is Polestar has now removed the option to buy/lease the vehicle online, you have to order now through the Polestar space, there is only one here in the Bay Area and it's in a crowded mall where everyone is fighting for parking, and due to tariffs, you can no longer spec them out, you have buy/lease whatever they have in inventory, which brings me to the last point, Tariffs. Because of them, Polestars future is uncertain. Although the P3 and P4 are going to be built in South Carolina, they are still subject to tariffs due to using Chinese sourced parts.

Don't get me wrong, it was a great car, only gave me one issue in three years, but it had buggy software, and just not competitive price wise, I'm not really interested in getting another one, for now. The 2025 model is more expensive than the Model 3 Performance, yet it's inferior to the Model 3 P, IMO. Plus, I just don't want to lease anymore, I want to buy and not worry about changing cars for the next 5 to 10 years

 

gravity is not expensive for what it is, but those price points severely curtail the number of people who can afford to buy (or even lease) one.