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The issue is a whole new design requires massive amounts of capital investment, which I believe might be difficult for them to obtain. The easiest and path of least resistance is to repackage the Air and sell at a lower price point. Lucid needs to get more mileage out of the current Air design...

Maybe he should run for public office.

They can change their name to "Lucid Motors and Rentals"

I wasn't thinking of stripping the Pure of it's luxuries. The most expensive component in an EV is the battery. I was thinking more in terms of a smaller battery to save costs and bring the price down.

I'm not sure if discounting is the answer here. Then it becomes a race to the bottom. Just look at what discounting has done to the brand for Tesla. Now that customers know the automaker is discounting, they won't buy because they think another discount is just around the corner. Lucid is a...

I actually have a Fisker Karma and cannot get it serviced. Nobody will service a Fisker Karma. You can google it. And it’s not always about maintenance. I’m constantly worried about somebody hitting my car because body shops can no longer order parts for a Fisker Karma. The problem with car...

So I met with my CPA, and he told me that I wouldn't be able to file for the $7,500 EV Tax Credit due to this clause: What is a written binding contract? In general, a written binding contract : is enforceable under state law, based on the state and relevant facts and circumstances, and does...

What are the materials used in the rear seat doors? From the pictures, it appears that the stitched portion is PurLuxe. Is everything else on the door plastic then? Thanks for the great pics!

Thank you. Will be interesting to see if they will cancel and refund my non-refundable deposit if I don’t finalize in 30 days. I converted my reservation into an order back in August 2022.

What happens if you don’t finalize in 30 days?

As Duke_Dallas indicated above, lightly used pre owned Lucids are discounted heavily. I fear that demand for a sedan at current price points is dwindling. That may be why they’re asking customers with base model reservations to finalize. It would not surprise me if Lucid started expanding the...

I believe some of it has to do with whether you converted your reservation to a non refundable order back in August 2022. From what I’m seeing, people who converted got asked to finalize their order first.

About to finalize my Pure order but there’s been no update to the tax credit. Is that dead now? I converted my reservation to an order back in August 2022.

Yes, if you took delivery in 2022 Turbo Tax makes it easy. If you took delivery in 2023 the IRS requires that dealerships (Lucid) report the sale to the IRS so it’s easier for them to audit. And as far as I know, Lucid is not reporting any sales to the IRS as the Air no longer qualifies. Here...

From the new guidance, I don’t think we’ll need a CPA anymore for clarification. Dealerships, or in this case manufacturers, are now required to submit paperwork to the IRS so they can verify the vehicle when you claim the tax credit in 2024. If Lucid doesn’t provide a EV tax credit form, that...