Lucid Teases Air Sapphire Super-Sports EV With Release Line Photo: 'Will Be Available Soon'
Portfolio Pulse from Anan Ashraf
Lucid Motors (NASDAQ:LCID) has teased the release of its limited-production Air Sapphire, a luxury electric super-sports sedan. The vehicle, which is expected to be available soon, will be sold in the U.S. and Canada for $249,000 USD and $325,000 CAD, respectively. The Air Sapphire can deliver over 1,200 horsepower with its three-motor powertrain and can accelerate from 0-60 mph in less than 2 seconds. In recent tests, the Sapphire prototype outperformed a Ferrari SF90 Spider and beat a Tesla Model S Plaid and a Bugatti Chiron Pur Sport in a quarter-mile drag race.
July 28, 2023 | 8:41 am
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Lucid Motors is set to release its Air Sapphire, a high-performance electric vehicle. The car has shown impressive performance in tests, which could boost the company's reputation and potentially its stock price.
The release of a new product, especially one that has shown impressive performance in tests, can have a positive impact on a company's stock price. Investors may see the Air Sapphire's performance as a sign of Lucid Motors' potential in the competitive EV market, which could drive up demand for LCID shares.
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