Inside Lucid Motors’ plan to take on Tesla

Wealth

Lucid Motors is a California-based electric vehicle start-up, and in September it revealed the Air, its vision for an electric, luxury sedan.

The company promises some impressive specs, such as an estimated 517 miles of range. But starting up an electric vehicle company is notoriously difficult, and it faces steep competition from Tesla and other automakers entering the EV market.

CNBC spoke to Lucid CEO and CTO Peter Rawlinson, who was the former chief engineer on the Tesla Model S, as well as to Lucid’s VP of hardware engineering, Eric Bach, to learn about how the company plans to take on Tesla and other competition. Watch the video to learn more. 

Products You May Like

Articles You May Like

AOC’s ‘get out the vote’ Twitch stream was one of the platform’s biggest ever
China’s billionaires see biggest gains ever, adding more than $1.5 trillion to their fortunes
Stocks making the biggest moves midday: Virgin Galactic, Intel, Snap & more
The stock market election indicator should be good for Trump, but this year could be an exception
Will my Social Security be enough? How financial advisors can prepare clients for what’s coming in retirement

Leave a Reply

Your email address will not be published. Required fields are marked *