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My favorite thing about Lucid is that they have Tesla DNA but, it seems, a different approach to ethics and PR. I read their entire prospectus cover-to-cover an
by mimixco 5y ago
My favorite thing about Lucid is that they have Tesla DNA but, it seems, a different approach to ethics and PR. I read their entire prospectus cover-to-cover and it is refreshingly free of any Elon-style hype. (Lucid's founder was Tesla's chief engineer and is clearly choosing to model his own company differently.)
Their business model is remarkably simple and clear. The product seems to be targeting a very high level customer (much higher level than Tesla). And they've made incredible progress on their own battery factory and car assembly plant.
Fun fact, Lucid was in the battery business before cars and their batteries are used in every Formula EV car currently racing.