Hello fellow lucid lovers

Manojkv816

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Sep 4, 2022
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Cars
Lucid Air Pura -
Hi all,

Looking forward for my Lucid Air Pure.. Hearing some news that they are starting the production.
Any further news?
 
No, no further news. And no "real" news that they are starting production other than the tweet. So low expectations are called for at the moment. We'll know more after Q3 production update.
 
No, no further news. And no "real" news that they are starting production other than the tweet. So low expectations are called for at the moment. We'll know more after Q3 production update.
Or, we'll know more when the first Touring / Pure customers start getting emails from their DAs to confirm their orders. So far, not a peep. So production definitely hasn't started yet.
 
One other question - Are we still eligible for a tax credit if we have placed an order before the bill was passed in the house ??

Minneapolis,MN
AP reserved 9/28/21
Confirmed: ?
VIN: ?
Pencils: ?
Delivered: ?
 
One other question - Are we still eligible for a tax credit if we have placed an order before the bill was passed in the house ??

Minneapolis,MN
AP reserved 9/28/21
Confirmed: ?
VIN: ?
Pencils: ?
Delivered: ?
Only the IRS will know 😁
 
One other question - Are we still eligible for a tax credit if we have placed an order before the bill was passed in the house ??

Minneapolis,MN
AP reserved 9/28/21
Confirmed: ?
VIN: ?
Pencils: ?
Delivered: ?
Remains to be seen. Per the original intent, if you "confirmed" your order and made your deposit non-refundable, the thought it that will lock you into a binding written contract. However, there is a clause the IRS added about binding written contracts which indicates at least 5% of a high value item (like a car) must be put up as non-refundable to truly make it binding. So.... unless the price drops significantly, not sure our deposit covers the 5% rule. A lawyer might be able to find a misplaced "and" or "or" in the clause and work with a CPA to make it work. YMMV.
 
hello! i haven't received any new news on the lucid air
 
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