Watch: 'Electric Jelly-Belly' Lucid Air Prototype Leaves $800K Ferrari In The Dust In Drag Race Showdown
Portfolio Pulse from Anan Ashraf
Lucid Air Sapphire prototype (NASDAQ:LCID) outperformed Ferrari SF90 Spider (NYSE:RACE) in a drag race featured on YouTube channel MotorTrend. The Lucid Air Grand Touring Performance also showed impressive capabilities against Porsche 911 Turbo S (OTC:DRPRF). The Lucid Air Grand Touring delivers 1,050 horsepower and accelerates from 0-60 mph in 2.6 seconds, while the Sapphire can deliver over 1,200 horsepower with acceleration of 0-60 mph in less than 2 seconds.

July 13, 2023 | 6:44 am
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NEGATIVE IMPACT
Lucid Air Grand Touring Performance showcased impressive capabilities against Porsche 911 Turbo S.
The news could negatively impact investor confidence in Porsche, as it shows the company's iconic car being compared to an electric vehicle. This could potentially lead to a short-term drop in Porsche's stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Ferrari SF90 Spider was outperformed by Lucid Air Sapphire prototype in a drag race.
The news could negatively impact investor confidence in Ferrari, as it shows the company's supercar being outperformed by an electric vehicle prototype. This could potentially lead to a short-term drop in Ferrari's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Lucid Air Sapphire prototype outperformed Ferrari SF90 Spider in a drag race, showcasing the impressive capabilities of Lucid's electric vehicles.
The news showcases the impressive performance of Lucid's electric vehicles, which could boost investor confidence in the company and potentially drive up its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100