Lucid To Adopt Tesla Superchargers: Elon Musk Weighs In, Says, 'A Bitter Pill To Swallow'
Portfolio Pulse from Anan Ashraf
Lucid Group Inc (LCID) announced that its customers will be able to access the 15,000 plus Tesla Superchargers in North America starting 2025. Tesla CEO Elon Musk responded to the news with a humorous comment. Lucid CEO Peter Rawlinson, a former Tesla executive, emphasized the importance of a unified charging standard and high-voltage power charging for the future of electric vehicles.
November 07, 2023 | 3:09 am
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POSITIVE IMPACT
Lucid's decision to join Tesla's supercharger network could enhance its customer experience and potentially boost sales. However, the move also signifies a strategic shift, as Lucid previously emphasized its own charging infrastructure.
Joining Tesla's supercharger network could make Lucid's vehicles more attractive to potential buyers due to the extensive charging infrastructure. However, it also indicates a shift from Lucid's previous focus on its own charging infrastructure.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Tesla's supercharger network will be accessible to Lucid customers starting 2025. This could generate additional revenue for Tesla, but also means increased competition as Lucid vehicles become more attractive to potential buyers.
While the partnership could generate additional revenue for Tesla, it could also increase competition as Lucid vehicles become more attractive due to the access to Tesla's extensive charging network.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100