NEXT STAGE: New in 2025

Lucid executives have talked a little about the company’s next platform, which will be designed for more mainstream luxury vehicles. Lucid has already achieved 520 miles of range from its dual-motor Air sedan. A smaller sedan or hatchback could use half the battery, a single motor and more mainstream materials to hit the price point of a Tesla Model 3, which starts just below $50,000. The same platform could also support a crossover such as the Tesla Model Y. But with its hands full with the Air right now, Lucid probably wouldn’t deliver a third model until 2025.