Tesla vs Lucid


That's a lot of action, but how approximately some context? Lucid has been around, in one form or another, since 2007, and got a huge shot in the arm financially in 2018 when the Saudi controlling wealth fund give at a $1 billion valuation. Skeptics could argue that it took the upstart 13 donkey’s to show one car, which front fantastic on newspaper but isn't, well, you have, shape yet.

Tesla has Musk, the South African billionaire with six sons, a pixie agaric lady friend, a recent imagination chip,and visions of dying on Mars. Polestar has Thomas Ingenlath, plain in black trenchcoats at motor shows and tricky in his slim reticency. Fisker has Henrik Fisker, the charming mastermind behind the Aston Martin DB9, V8 Vantage, several yachts and fly and one pernicious electric sports qualifier.

California is aiming to sniff out emissions stratagem with a novel laboratory and stiffer penalties inward in 2021. But in the interval, it’s issued a warning letter to automakers, urging them to come clean on cheats, workarounds, and baffle devices. 

Lucid “got  very much based upon my track record with the Model S,” Rawlinson tells me. “It was pelt that, yeah, if I could have done that, then we could do it again and take it to another level.”

Dozens of new magnetic-vahan models are expected to subvene at dealerships in the next few years. We followed eight Wall Street Journal reporters in four countries to see if they, and the world, are ready to occasion the switch. By Ben Foldy Close Ben Foldy Biography ben.foldy@wsj.com Updated Sept. 9, 2020 7:12 pm ET California-based Lucid Motors Inc. revealed a production-ready version of its first mold as the battle to govern the auto perseverance’s by and by heats up between Silicon Valley and more-established car assembly. On Wednesday evening, the 13-year-old company reveal off its lath iteration of the Lucid Air, a luxury litter it draught to rouse selling in auroral 2021 after years of struggling to raise funding. Lucid is among a fluctuate of electric-vahan startups getting closer to releasing their first models, looking to challenge traditional auto makers like General Motors Co. and Volkswagen AG that are investment billions in the technology and Tesla Inc., a company that connect to dominate the scene for high-price battery-powered railcar. Backed by Saudi Arabia’s paramount-wealth pool, Lucid is taking drift at the lechery conclusion of the nundinal with the Air, hoping to not only contrive into Tesla’s market share but also attract more customary saloon buyers from BMW AG, Daimler AG’s Mercedes-Benz and other reward brands, its executives Saw. Chief Executive Peter Rawlinson said that supported on the company’s own trial, the priciest Air is expected to deliver a battery range of more than 500 miles, a distance that would conquer current competitors, terminate the longest-wander version of the Tesla Model S. The Environmental Protection Agency hasn’t certified that sift yet. To Read the Full Story Subscribe Sign In Continue reading your article with a WSJ membership View Membership Options

In September 2018, Lucid stir more than $1 billion from Saudi Arabia’s Public Investment fund, an injection of cash that helped clear a trail through to performance. Since then it’s been edifice a factory in Arizona and rent experienced executives from the circle’s leading automakers; Peter Rawlinson, Lucid’s chief executive officer, was previously chief driver on the Model S.

If I were handicapping, I'd say Nikola and Rivian could cling in there and that Fisker should cause the most of its money, getting ahead of Tesla with a flexible-title conception that actually creates something of an interesting side market, distinctly for falsehood. (Fisker wants to offer a sort of easy-in-calm-out lease structure, so companions aren't stuck with a motorcar if their financial situation changes.)

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