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Lucid CEO: $50,000 Model 3, Model Y Competitor Coming Sooner Than You Think (insideevs.com)

submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Lucid CEO: $50,000 Model 3, Model Y Competitor Coming Sooner Than You Think::CEO Peter Rawlinson and top designer Derek Jenkins spill new details about Lucid's "Project Midsize," aimed right at cars like the Tesla Model Y and Model 3.

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[-] lledrtx@lemmy.world 2 points 7 months ago

Wait why are they backing EVs?

[-] mosiacmango@lemm.ee 17 points 7 months ago

Diversify.

[-] slumberlust@lemmy.world 10 points 7 months ago

Same reason they're investing in sports and every other market, they know oil is limited.

this post was submitted on 27 Jan 2024

125 points (94.3% liked)

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