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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Wait why are they backing EVs?
Diversify.
Same reason they’re investing in sports and every other market, they know oil is limited.
