Now that the BBB had passed and is being signed by Trump today (July 4, 2025), there are fewer than 90 days left before the $7,500 federal tax credit on EVs is discontinued on October 1, 2025.
This would be a great time for Lucid to prioritize the Touring trim that should come right under $80,000 to qualify for the federal tax credit. It would make sense for Lucid to harvest the remaining 90 days worth of tax credit to sell more units and then go back to offering the more expensive trims once there is no more tax credit.
Thoughts?
This would be a great time for Lucid to prioritize the Touring trim that should come right under $80,000 to qualify for the federal tax credit. It would make sense for Lucid to harvest the remaining 90 days worth of tax credit to sell more units and then go back to offering the more expensive trims once there is no more tax credit.
Thoughts?