News
Lucid launches new Air Grand Touring Performance following ‘strong demand’ for speed
Lucid Group announced this morning it has launched a new version of its Air all-electric sedan: the Air Grand Touring Performance. The launch of the new, 1,050 horsepower trim level of Lucid’s first EV model answers the wishes of customers, who showed “strong demand” for “higher-performance versions of the Lucid Air,” CEO Peter Rawlinson said.
Set for initial deliveries in June 2022 in the United States, the Lucid Air Grand Touring Performance is the newest trim level of the all-electric sedan. Deliveries are set for August 2022 in Canada.
With 1,050 horsepower and a 0-60 MPH acceleration rate of just 2.6 seconds, the all-new Grand Touring Performance sets new standards for the Air lineup, as more performance has been a strong wish of Lucid customers thus far. The automaker surely answered.
Get there, grandly. Now delivering Lucid Air Grand Touring and introducing the new 1,050-hp Grand Touring Performance.https://t.co/pIiwBII0PW pic.twitter.com/Fxf28hblRd
— Lucid Motors (@LucidMotors) April 12, 2022
Two powerful, all-electric motors will drive the Lucid Air Grand Touring Performance to the forefront of the company’s EV lineup. With an EPA-estimated 446-mile range rating, it only falls short of the 520 miles its sibling, the Dream Edition, offers. “Two of Lucid’s proprietary electric motors – one at each axle – propel the Air Grand Touring Performance from 0 to 60 miles per hour in just 2.6 seconds,” Lucid outlined in its press release for the vehicle. “It will have an MSRP of $179,000, and customer deliveries in the U.S. are slated to begin in June 2022. In Canada, the Air Grand Touring Performance will be priced at $242,000 CAD (before taxes), with deliveries beginning in August 2022.”
A Need for Speed
CEO Peter Rawlinson said Lucid’s new Air Grand Touring Performance configuration is simply an answer to customer wishes. Evidently, despite its young and fresh entry into the market, with its first vehicle deliveries occurring in late 2021, Rawlinson’s electric car company has customers who are thirsting for even more performance. The new trim level offers that and then some, and Lucid quickly brought the new vehicle to the market as the in-house development of its products gives the automaker substantial advantages over those who are supplier-focused.
“Lucid Air Grand Touring Performance answers the strong demand we continue to see for higher-performance versions of the Lucid Air,” Rawlinson said. “The remarkable speed with which we are able to conceive and bring this model to market is possible only because of Lucid’s high degree of vertical integration and in-house production of our proprietary EV powertrain and battery pack technology.”
Standard Features
- Glass Canopy spanning windshield to roof
- Elegant and intuitive Lucid UX with 34-inch floating Glass Cockpit and 5K resolution
- Extensive over-the-air software update capability
- DreamDrive Pro, Lucid’s advanced driver assistance system, with 30+ features and future-ready hardware, including the first automotive LIDAR in North America
- 21-speaker Surreal Sound immersive audio system with Dolby Atmos compatibility
- Intelligent Micro Lens Array LED Headlights, a solid-state system developed in-house by Lucid
- Heated and ventilated front seats with massage
- Soft-close doors, power opening/closing trunk and frunk
- Ultra-fast 900V+ charging system, enabling users to add up to 300 miles in 21 minutes at a 350 kW DC fast charger, as demonstrated in recent independent media tests
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Elon Musk
SpaceX Starship just nailed something it’s never done before
SpaceX’s Starship flew successfully Friday, landing both stages and deploying its first Starlink V3 satellites.
Starship’s thirteenth test flight delivered exactly what SpaceX needed with a clean liftoff, two successful stage recoveries, and the first real payload the vehicle has ever carried to space. Booster 20 and Ship 40 lifted off at 5:51 p.m. CT from Starbase, and by the time the mission wrapped roughly an hour later, both halves of the rocket had done exactly what they were supposed to do.
Booster 20 separated from Ship 40 a few minutes into the flight and stuck a controlled splashdown in the Gulf of Mexico about six minutes after liftoff. That is a meaningful turnaround from Flight 12 in May, when the booster lost several engines during its boostback burn before a hard water landing attempt.
Starship as seen from Starlink satellites pic.twitter.com/e2hvfmnewh
— Elon Musk (@elonmusk) July 25, 2026
Starship 40’s performance was arguably the bigger win. The vehicle deployed the first 20 operational Starlink V3 satellites Starship has ever carried, then flew a suborbital arc to a landing in the Indian Ocean that SpaceX commentator Dan Huot called the company’s softest splashdown yet. “This is a dream scenario for this team that’s trying to get this heat shield data,” Huot said on the live broadcast, according to Space.com’s live coverage. “I’m a little over the moon right now. Wow. Lucky number 13.”
Unlike the mass simulators SpaceX flew on Flight 12, these were production Starlink V3 satellites, meant to extend solar arrays and antennas and attempt to link with the broader constellation before reentering minutes later. Getting real hardware through a full deploy sequence on only the second flight of the V3 generation keeps Starship on schedule for the payload work NASA is counting on for future Artemis lunar landings.
What an awesome launch, really seems like everything went super well and it was all incredibly smooth.
SpaceX is awesome. Very interested to see how the market will respond on Monday pic.twitter.com/KSHmyBfV55
— TESLARATI (@Teslarati) July 25, 2026
— TESLARATI (@Teslarati) July 25, 2026
The flight also arrives at a moment when SpaceX needed a win. SPCX has traded below its $135 IPO price since mid-July, as Teslarati reported when the mission slipped to Friday, and short interest has climbed to roughly a third of the tradable float. A clean flight will not fix a balance sheet, but it does answer the one question SpaceX absolutely needed answered this week: whether the fixes made after the July 16 abort would hold up under real flight conditions. They did, on both stages, on the first try after the redesign.
SpaceX has not set a target date for Flight 14, though the company has said it wants to push toward an orbital attempt on the next mission. After Friday, that goal looks a lot more within reach.
News
Tesla’s Supercharger Diner probably just secured more locations
Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.
The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.
Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:
Tesla Diner opened exactly 1 year ago. Inspiring that futuristic places like this exist.
It’s our highest usage Supercharger in the world: 21.2 GWh delivered in a year, 1.6k sessions/day.
Top 10 Superchargers by energy delivered: https://t.co/9YvJ8lw696 pic.twitter.com/koB3AUJHws
— Max (@MdeZegher) July 21, 2026
On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.
Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.
Tesla makes major change at Supercharger Diner amid epic demand
Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.
Investor's Corner
Tesla short sellers win big after shares fall after earnings
Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.
Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to Bloomberg. Shares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.
Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.
However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.
S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.
Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.
At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.


