Lucid Teases Air Sapphire In New Image As Limited Edition EV Nears Road Debut: Ready To Take On Tesla Challenge?
Portfolio Pulse from Anan Ashraf
Lucid Group Inc. has teased the final image of its limited-production Lucid Air Sapphire before it hits the road. The company will start production in September and begin customer deliveries in October. The Sapphire is priced at $249,000 fully equipped before tax, title, registration, and other fees in the United States, significantly higher than Tesla's Model S Plaid which is priced at $89,990.
September 30, 2023 | 6:11 am
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Lucid Group is set to release its Lucid Air Sapphire, which is priced significantly higher than its competitor, Tesla's Model S Plaid. This could potentially impact the company's stock price.
The release of a new product, especially one that is priced significantly higher than its competitors, can have a significant impact on a company's stock price. If the Lucid Air Sapphire is well-received by customers and performs well in the market, it could potentially drive up Lucid Group's stock price.
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