New Lucid Air beats Tesla Model S in race
1/5
Tesla killer
According to a report by Reuters, electric vehicle startup Lucid Motors, which aims to begin selling its first luxury model, the Lucid Air, in early 2021, said on Tuesday that the new sedan has achieved quarter-mile times as low as 9.9 seconds, beating Tesla Model S.
2/5
Serious power
"With up to 1,080 horsepower available in a dual-motor, all-wheel-drive package, the Lucid Air Dream Edition has achieved quarter-mile times as low as 9.9 seconds on a consistent basis, making it the world's quickest production sedan. This performance is wrapped in an uncompromisingly luxurious package, offering room for five passengers with class-leading interior and storage space," said the company in a release.
3/5
Mile-cruncher
The Lucid Air has an estimated range of 517 miles (832 km), as verified in independent testing, Lucid said.
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4/5
Big monies
Lucid Chief Executive Peter Rawlinson told Reuters the Air initially will be priced "well north of" $100,000 but said lower-priced versions would arrive later. The Tesla Model S sedan starts at around $75,000.
5/5
A Tesla connection
Lucid was founded in 2007 as Atieva Inc by former Tesla executive Bernard Tse and entrepreneur Sam Weng. It was funded initially by Chinese and Silicon Valley venture investors, with additional funding from state-owned Chinese automaker BAIC Motor and LeEco, a Chinese technology company controlled by the founder of another electric vehicle startup, Faraday Future, according to investor website PitchBook.