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Lucid CEO: $50,000 Model 3, Model Y Competitor Coming Sooner Than You Think (insideevs.com)

submitted 9 months ago by L4s to c/technology

25 comments fedilink hide all child comments

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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[–] phoneymouse 38 points 9 months ago (6 children)

Lucid is a Saudi-backed company. Buy an EV from Lucid and Prince Bonesaw gets a cut.

[–] [email protected] 19 points 9 months ago

Buy an ICE and he's getting a rent.

[–] [email protected] 18 points 9 months ago (2 children)

Muskrat, Bonesaw, or Pooh. Pick your poison.

[–] [email protected] 16 points 9 months ago

I pick South Korea

[–] Fades 8 points 9 months ago

We have more options than those pieces of shit

[–] [email protected] 7 points 9 months ago* (last edited 9 months ago)

Better than Musk at this point.

But yeah I wouldn't give my money to any of these companies. I would buy an electric car from a company that actually knows how to make a reliable car, like Volvo.

Volvo Recharge is the best car I've been in.

[–] lledrtx 2 points 9 months ago (2 children)

Wait why are they backing EVs?

[–] [email protected] 17 points 9 months ago

Diversify.

[–] slumberlust 10 points 9 months ago

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

[–] Fades 1 points 9 months ago

Gross

[–] [email protected] -3 points 9 months ago

It's always something with you lot.

[–] AA5B 12 points 9 months ago

I’ve always read great things about Lucid and hope they succeed, but is t this last year’s battle? Everyone else is announcing their $30k car coming soon

[–] [email protected] 10 points 9 months ago* (last edited 9 months ago)

I’m still happy with my 20‘000.- dacia spring 😄 hope more cheap small electric cars for 4 to 5 people are coming 😇

[–] headset 4 points 9 months ago

This is an ad.

[–] squirrelwithnut -2 points 9 months ago

The silhouette looks like yet another ugly hatchback/yaris style design. No thanks.

[+] [email protected] -15 points 9 months ago* (last edited 9 months ago) (4 children)

I've never spent more than 2k on acquiring a car and I don't think I ever will, whether I want to or not. Currently I do not.

Edit: apparently a ton of wealthy individuals here. No I never left oil stains anywhere and I sure as fuck couldn't afford to smoke even if I wanted to, which I don't. A used Honda civic lasted me well over 400k on the Odo, with some maintenance and diy oil and tire changes. Eventually the catalytic converter was stolen and I gave up as it was way above my capabilities to keep it going.

I bike now and don't fund any of the bullshit industry tied to cars. Multiple tens of thousands simply isn't worth it for a questionable warranty, shit dash interface with only touch screen, built in spyware, and anti right to repair with planned obsolescence as part of the design.

If warranties covered the batteries, produced by probable slave labour anyway, without the unprovable user damage voiding it or maybe just if any company would make a modern car the old fashioned, user serviceable way with no frills then would be willing to spend up to 30k tops depending on stuff™️, but car ownership is just too much of a gamble right now.

[–] [email protected] 21 points 9 months ago (1 children)

There's always someone like you in the comments, adding nothing of value to the discussion.

Some people like to have nice things, and some people like the peace of mind that comes with a brand new vehicle with a warranty and service plan. There's nothing virtuous about driving an old car.

[–] [email protected] 0 points 9 months ago (1 children)

Nothing virtuous about the entire automotive and oil industry. Let's buy an ev to fund essentially slave labour and warranties that fine print you out of battery replacement due to wear and tear from normal use. Or let's buy a giant smog machine made big to cater to the knuckle draggers and don't bring anything to the table apart from the added risk of running over children without even seeing them, and wearing down tax funded infrastructure even faster.

[–] [email protected] 2 points 9 months ago

You're hilariously angry about this.

[–] ramenshaman 13 points 9 months ago

Keep doing what you're doing then and don't complain when other people do different things.

[–] [email protected] 11 points 9 months ago (3 children)

What kind of car do you get for 2k that isn't a money pit?

[–] Buffalox 6 points 9 months ago* (last edited 9 months ago)

We did the same for a number of years where we were broke. We had great success with Mitsubishi especially Carisma with direct injection, because the engine ticks like a diesel, and people don't like that. If you get a dud, you just sell it again, we didn't even have to lie about possible problems, when you buy dirt cheap, you don't lose much even if you have to resell.
But ALWAYS make sure you make a test drive, and look in the engine compartment, and check if the timing belt is OK among other things.
It's a hassle, and you usually have to check out several cars, but it's possible to have a car very cheaply that way. However in 8 years we needed towing 3 times, but the fixes were generally cheap too with used spare parts. Not money pits, more like a matter of spending a lot of extra time and effort.
I think most people if they have the money, they prefer to avoid the hassle to save money.
Carisma is to old now IMO, but there are always cars that are unpopular for some reason that doesn't really impact the usability of the car.

[–] [email protected] 2 points 9 months ago

98 or so Honda civic that lasted longer than all the newer cars people among family and friends bought new. Imagine getting a piece of shit like a 2018 ish grand caravan which can't even reverse now, or a brand new ev which got tboned 2 weeks in while shopping and having groceries but a totalled car when you get back. I don't see any added value in spending multiple tens of thousands only to get built in spyware and more financial risk.

[–] riodoro1 1 points 9 months ago (1 children)

You know all those oil stains at parking lots?

They were left by guys like him. The car goes from A to B. He doesn’t give a fuck what mess it makes along the way. Probably tosses cigarette butts out of the window.

[–] [email protected] 0 points 9 months ago

No that's the people that have enough money to buy a new car and pollute the world further by constantly funding big auto/oil/tabacco and/or couldn't bother to fix their car when they can just get a new one and sell the old one to someone with little to no car knowledge.

Try that one fairly pristine generic Honda civic from decades ago that upon inspection has some mediocre diy paint and YouTube mechanic work with videos verified by an actual mechanic first.