this post was submitted on 27 Jan 2024
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Lucid CEO: $50,000 Model 3, Model Y Competitor Coming Sooner Than You Think::CEO Peter Rawlinson and top designer Derek Jenkins spill new details about Lucid's "Project Midsize," aimed right at cars like the Tesla Model Y and Model 3.

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[–] slumberlust 10 points 9 months ago

Same reason they're investing in sports and every other market, they know oil is limited.