Lucid gravity order begins Nov 7

[hmp10]

I am more and more convinced the slow roll is two things; EV tax credit environment And Tesla superchargers. It has a NACS port, but reality is still software compatibility, total lack of V4 superchargers and exactly how they are going to make 900V work with the V3 magic dock is not totally solved.

I don't see how the presence or absence of tax credits would or should affect the timing of the Gravity rollout. To the extent Lucid ever had tax credits in sight in the Gravity's development, it would have been a factor in things such as target pricing and content sourcing. The Gravity is a fully-baked product at this point (or very nearly so), pricing has been announced, and orders have opened. Delivery timing has nothing to do with the presence or absence of tax credits except possibly trying to close sales before the credits expire. But that would mean speeding up the rollout, not slowing it down.

As for Tesla Supercharging, good if it comes to Lucid. But no one should forget who holds all the cards in this game, and no one should buy a Lucid on the assumption that it will charge quickly -- or at all -- on something Musk controls.

 

[illopp00]

I don't see how the presence or absence of tax credits would or should affect the timing of the Gravity rollout. To the extent Lucid ever had tax credits in sight in the Gravity's development, it would have been a factor in things such as target pricing and content sourcing. The Gravity is a fully-baked product at this point (or very nearly so), pricing has been announced, and orders have opened. Delivery timing has nothing to do with the presence or absence of tax credits except possibly trying to close sales before the credits expire. But that would mean speeding up the rollout, not slowing it down.

As for Tesla Supercharging, good if it comes to Lucid. But no one should forget who holds all the cards in this game, and no one should buy a Lucid on the assumption that it will charge quickly -- or at all -- on something Musk controls.

To be clear, I was referring to the Touring trim which definitely had staked its pricing just under the tax credit threshold, I expect they will honor this, but they may also have to drop prices depending on how the rest of the competition reacts....

 

[hmp10]

To be clear, I was referring to the Touring trim which definitely had staked its pricing just under the tax credit threshold, I expect they will honor this, but they may also have to drop prices depending on how the rest of the competition reacts....

Lucid opened orders after it was clear Trump won the election. If Lucid's delivery timing were being driven by worries about losing the tax credit, the Touring would have been the first model they made available so at least some buyers could try to get the tax credit before it expired.

I just don't see any way in which tax credits played into Lucid's timing decisions with the Gravity rollout.

 

[steveairgt]

Lucid opened orders after it was clear Trump won the election. If Lucid's delivery timing were being driven by worries about losing the tax credit, the Touring would have been the first model they made available so at least some buyers could try to get the tax credit before it expired.

I just don't see any way in which tax credits played into Lucid's timing decisions with the Gravity rollout.

The Nov 7 date was announced long before the election.

 

[hmp10]

The Nov 7 date was announced long before the election.

The announcement came on October 29, only about a week before the election and at a point when the race seemed to be a toss-up. And before Harris became the candidate, it looked even more likely that Trump would win -- and while Biden was still the candidate was when Lucid was likely laying in their final rollout planning. If the continuation of the tax credits were enough of an issue to affect Lucid's rollout plans, Lucid would have kept the option open of rolling out the lower-priced version first. Thus, if the tax credits were central to the rollout plan, once the election results were known, Lucid would have activated the option to roll out the Touring model first to try to capture the tax credits before they expired.

I just don't see any signs under any scenario that the tax credits played a role, especially with Touring pricing right at the threshold where even a single option on the car would have killed the tax credits, anyway.

I don't know what was driving Lucid's thinking regarding the rollout, but I'm pretty sure it wasn't tax credits.

 

[DrLucid]

Did Mr. Rawlinson say that the production of gravity is starting this week on Bloomberg interview. It was not totally clear, so just asking

 

[Adnillien]

Did Mr. Rawlinson say that the production of gravity is starting this week on Bloomberg interview. It was not totally clear, so just asking

No he said orders have been open for a week and production start was imminent.