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Lucid unveils Air’s Dual-Motor, 1,080 HP powertrain and 9.9-second quarter mile
Lucid Motors has released details on the powertrain it will use for its first electric vehicle, the Air. Lucid will equip the vehicle’s top configuration with a Dual-Motor, All-Wheel-Drive powertrain that is capable of 1,080 horsepower. Additionally, the Air was able to complete consecutive quarter-mile runs at under 10 seconds.
Lucid has developed the Air since 2016, and it has been fine-tuning the vehicle’s powertrain and all-electric, 113 kWh battery pack in preparation for entry into an increasingly competitive market. Over the past few weeks, the automaker has slowly released numerous details about the Air and its capabilities, starting with its 517-mile range and interior features. Now, Lucid is getting to the good stuff and is detailing its all-electric powertrain, which is the fastest to ever complete a quarter-mile.
The quarter-mile record was set by the Air’s Dream Edition variant at Sonoma Raceway in Northern California. Not only did the Air manage to set the record for the fastest quarter-mile time for an EV, but it beat the Tesla Model S and Porsche Taycan in the process.
Peter Rawlinson, CEO and CTO at Lucid, said that the company’s watchword has been “focus” since day one. But the focus goes much further than creating a fast performance vehicle.
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- Credit: Lucid Motors
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- Credit: Lucid Motors
“Our watchword has been ‘focus’ since day one at Lucid – a focus on sound engineering principles, a focus on creating efficiencies, and a focus on maximizing power to create a world-class EV,” Rawlinson said.
Lucid’s focus has been to create a vehicle that highlights the optimization that the company’s engineering teams have worked on for the last three-and-a-half years. At the heart of the Air, a 900V+ electric drive unit that is small enough to fit in a regular suitcase packs over 650 horsepower. It is 45% lighter and 59% lighter than the closest competitor, the company said. At speeds capable of up to 20,000 RPM, the Lucid powertrain holds significant advantages over any car in the electric vehicle market.
“When the Lucid Air comes to market next spring, the world will see that we have developed the best electric vehicle technology possible by a wide margin and effectively created a new benchmark for EVs. The result is nothing short of a technological tour de force in every facet upon which a luxury performance car is measured,” Rawlinson said.
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- Credit: Lucid Motors
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- Credit: Lucid Motors
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- Credit: Lucid Motors
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- Credit: Lucid Motors
Creating efficiency with every part of an electric vehicle was crucial to Lucid’s mission to develop a world-class powertrain. The Air’s internal parts can achieve high-performance through a series of new inventions that are part of lucid’s intellectual property.
“Most notably, an elegant and revolutionary new motor winding technology has been introduced to maximize power output and reduce electrical losses. The motor also features an innovative cooling system that more effectively removes heat from
the stator winding, minimizing losses and boosting efficiency,” the company said in a release.
The compact design, which Teslarati detailed in late-August, paves the way for the electric drive unit to take up as little room as possible while powering the Air to new heights.
“This is achieved in part by the transmission and differential, which have been fully integrated for the first time in an electric motor – together, they comprise a single rotational system that is both lightweight and extremely efficient. Meanwhile, Lucid
leverages a high voltage, silicon-carbide MOSFET system in its inverters to maximize efficiency, especially in real-world driving conditions,” Lucid said.
Lucid will debut the Air during an online reveal event on September 9, 2020. In addition to the Air’s finalized interior and exterior designs, Lucid will also release new details about pricing, production specifications, and available configurations during the event.
Tesla Full Self-Driving (Supervised) showed a record attach rate at delivery for new vehicles in the third quarter of 2026.
75 percent of new vehicle deliveries in North America included a subscription to FSD software, up from 55 percent in the prior quarter, a 20-percentage-point sequential gain in the company’s most mature market.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla shed light on the Q3 Shareholder Deck that 75 percent of new deliveries came with an FSD subscription:
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets. “
The higher attach rate accompanied strong growth in the overall FSD consumer base, as active subscriptions rose to 1.75 million, a 67 percent year-over-year increase. For the first time, more than half of paid customers are on the monthly subscription, which is priced at $99 per month in the U.S.
People are buying FSD with a car attached, not the other way around
— Elon Musk (@elonmusk) October 21, 2026
The transition to subscriptions has accelerated since Tesla discontinued the one-time purchase option in most markets earlier this year. The recurring model improves revenue visibility and margins compared with large upfront payments. With three-quarters of North American deliveries now including FSD, the software is now an evidently large contributor to Tesla’s economics and ancillary revenue.
Geographic expansion remains important for further gains. FSD is now available in nine countries in the EU, and more than 100,000 customers have driven over 160 million kilometers. Tesla is pursuing broader EU-wide approval, with a related vote expected in December. Similar progress in additional markets could support higher attach rates beyond North America.
These results came as Tesla had a strong quarterly delivery performance of 486,532 vehicles in the quarter, which came with its largest passenger-vehicle backlog in four years. Battery supply continued to limit volume, but the company has pointed to FSD as a clear difference-maker that is helping sustain demand. As supervised capabilities improve, the attach rate will likely continue to improve.
At face value, it is a key measure of how Tesla is converting sales into autonomy progress.
Update: 10/22 10:51a – Para 1 consumers changed to “customers” for accuracy.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by customers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla buyers are buying for Full Self-Driving and not for the car, data shows
Tesla Cybercab gets a for sale date at last
