I completely agree.
The "M3 market" is traditionally the type of car I've always had in the stable. I have no kids and can't say I ever need a rear seat, so anything bigger has always been a "what's the point?" for me. However, after I test drove the Air (both Pure and Touring), I was blown away and knew my search for my next car was over. The only thing to decide was trim level.
I've never been a buyer that had to have AWD like some people because I always run dedicated summer and winter tires on my cars. So, the Pure was certainly appealing because of price and better handling dynamics. However, despite being faster than most cars on the road, believe it or not, the Pure wasn't quite quick enough. Sounds crazy, but it's a matter of perspective. I'm used to Hellcats, Vipers, 8 second motorcycles, etc. so the Pure wasn't in the cards for me and I went with the Touring.
If Lucid is listening, they should eke out 500+ hp for the Pure and market it directly against the C AMG/RS4/Blackwing/M3 crowd. I think they'd be surprised how many of us are receptive to a performance oriented EV sedan that shames even the swankiest German sports sedans in NVH and build quality but also has instant throttle response (which is more important than ever given that all of modern ICE equivalents are turbocharged), sublime suspension tuning, and frugal running costs of an EV.
If more people knew how favorably an Air Pure stacked up against their traditional sports sedan in head-to-head metrics, they'd probably sell a hell of a lot more of them.