Reported 1 day ago
Lucid Motors is seeing an increase in interest from Tesla owners as it launches its new Gravity SUV, which is set to begin deliveries in April. Interim CEO Marc Winterhoff noted that many former Tesla customers are looking for alternatives, particularly in light of recent challenges faced by Tesla. With the Gravity expected to appeal more broadly due to its SUV format, Lucid aims to produce 20,000 vehicles by the year-end while facing competition from established brands. Moreover, all Lucid vehicles are manufactured in Arizona, protecting them from tariffs on foreign imports.
Source: YAHOO