The latest numbers and accompanying stock price dive are an ominous sign for the future of this company. Yes, they have the Saudis backing them, but the fact of the matter is that Lucid needs to offer a product that is more accessible to more people.
Since they have neither the resources nor time to launch a Model 3-type of car anytime soon, a trim level below Pure makes the most sense. Remove some batteries, downgrade the performance specs, manufacture a less expensive interior, etc etc. - whatever it takes to quickly debut a $65k version of this car so that it competes with the EQE, i4, etc etc.
Since they have neither the resources nor time to launch a Model 3-type of car anytime soon, a trim level below Pure makes the most sense. Remove some batteries, downgrade the performance specs, manufacture a less expensive interior, etc etc. - whatever it takes to quickly debut a $65k version of this car so that it competes with the EQE, i4, etc etc.