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Lucid’s $50,000 Tesla Challenger Under Development, CEO Suggests (insideevs.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Lucid’s $50,000 Tesla Challenger Under Development, CEO Suggests::Lucid CEO Peter Rawlinson said the company's next model line-up will target a mass-market family car segment.

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[-] surewhynotlem@lemmy.world 65 points 10 months ago

50k is not mass market.

[-] kent_eh@lemmy.ca 54 points 10 months ago

Exactly.

We don't need 50K "challengers" to Tesla.

We need 20K challengers that real peoole might be able to afford.

[-] ExLisper@linux.community 10 points 10 months ago

Can you even buy a new ICE car for $20.000? Last time I was looking for a car a 5 year old Citroen berlingo cost around that. What can you get for 20.000? A basic Toyota yaris? Hybrid yaris costs <30k but I feel like when Americans say they want $20.000 electric car they mean electric SUV with 600km range. Yeah, that's not happening.

[-] guacupado@lemmy.world 5 points 10 months ago

Mass market options exist, but everyone laughs at Leafs and Bolts.

[-] squirrelwithnut@lemmy.world 5 points 10 months ago* (last edited 10 months ago)

20k and look like actual cars (sedans). The bubbly, hatchback-like design of most EVs are ugly AF.

[-] Tosti@feddit.nl 12 points 10 months ago

Who cares?! Affordable, Safe, Enough range, Enough space, Comfy.

[-] kameecoding@lemmy.world 3 points 10 months ago

Hyundai is working on it

https://www.teslarati.com/hyundai-20000-minicar-electric-vehicle-europe/amp/

I am guessing it will be more of a i10 or i20 sized car

[-] arin@lemmy.world -5 points 10 months ago

Cheapest tesla is 50k so target price is right

[-] Viper_NZ@lemmy.nz 4 points 10 months ago

Mass market means mass production. Have they proven capable of that yet?

[-] akilou@sh.itjust.works 4 points 10 months ago

Didn't they go bankrupt?

[-] Orbituary@lemmy.world 16 points 10 months ago

Bankrupt doesn't always mean done. It sometimes means financial reorganization.

[-] AbidanYre@lemmy.world 10 points 10 months ago

Fisker did, but they're back anyway.

[-] poopkins@lemmy.world 1 points 10 months ago

No, it didn't go bankrupt. It's trading as LCID on Nasdaq.

this post was submitted on 24 Dec 2023

149 points (95.2% liked)

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