I respectfully disagree, even though I personally don't care what the SUV is called, either. The point will not be what the model is named, but why the company could not avoid legal pitfalls in picking the name. It conveys a naivety or, worse, a sense of incompetence in running a company, whether fairly or not.
Relatively few car buyers really dig into the details about a car the way that owners on this forum tend to. They will not understand the towering assemblage of engineering talent at Lucid. Most buyers go by brand reputation, price, features, and familiarity manifested by the ubiquity of the cars on the roads. Some might go a bit further to read or scan what the big-name reviewers say about the car and the company. But that hasn't been an entirely rosy picture outside the driving performance-oriented sources. There's another thread running right now about how Edmunds -- a very popular research/review site with many car buyers -- trashes the car by doing things such as pitting a Lucid on 19" all-season tires against an Acura NSX on fat summer rubber and then pronounces the Lucid deficient in braking and handling. Or Consumer Reports that pronounces Lucid a poor value for the money. And then there are the stories about the hot mess that Electrify America has been for many users and how deficient the CCS network in general is.
Outside the circle of people who follow the car press closely, Lucid has very little brand reputation at this point -- and a lot of the reputation they do have derives from the miserable software performance of the first year of production. There were way, way too many legitimate stories of people being locked out of their cars, for example, or being stranded when the car randomly demanded a PIN that no one could remember. And there are very few Lucids on the road to create the sense of familiar comfort with a brand one sees so many others drive.
If anywhere near the time of launch Lucid is drawing press attention for having not been able even to pick a name for the car that could clear legal hurdles -- coupled with recurrent coverage about whether the company can survive -- many people who might consider the car for its design and engineering chops might just move on instead, particularly as the EV SUV segment is growing month by month.
If Lucid can sell their SUV only to people who are already familiar with the brand, who dig into its engineering virtues, and are consequently fans of it, then the company is on the skids out.