Lucid Motors continues to test prototypes of the Air, the company’s first all-electric sedan that will begin production in the latter half of 2021.
A prototype of the Air was spotted on California Highway 280 near the town of Millbrae, sporting a multi-colored wrap with a masked driver at the wheel. New photos show the vehicle is still undergoing routine, daily-driver testing in preparations for a late 2021 launch starting with the Dream Edition sedan.
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- Credit: Teslarati
Teslarati reader Blake M. sent in the photos of the Air as he was driving on Highway 280 in Northern California. Blake said the vehicle looks “big and bulky,” and not quite as sporty as the Porsche Taycan. Additionally, he said the Air doesn’t seem as sporty as the Model S from Tesla “due to the tapered front end of the Tesla. The Lucid has more of a Mercedes S500 style.”
Lucid has made it obvious that its main goal is to disrupt the momentum of Tesla. During Elon Musk’s recent appearance on Saturday Night Live, the automaker purchased some advertising time and ran a commercial during the Tesla CEO’s hosting gig.
Nevertheless, Lucid has brought a credible and competitive vehicle to the market. With range ratings of over 500 miles per charge for its premier Dream Edition sedan and 517 miles for its Grand Touring Long Range variant, the Lucid Air can undoubtedly top some of the most robust and well-rounded electric cars on the market. The conversation goes well past range, too. The Air has 1,080 horsepower in the Dream variant, and 800 horsepower in the Grand Touring configuration. Across the four possible models of the Air, the price is as low as $69,900, with the flagship Dream Edition holding a pretty $161,500 price tag.
-->The Air has been spotted on several occasions previously, all giving EV enthusiasts an idea of what Lucid will bring to the market (hopefully) by the end of the year. The vehicle will be built at the company’s Casa Grande, Arizona, production plant that the automaker plans to expand on in the coming years. Teslarati previously reported that Lucid received approval to build the second phase of its Casa Grande factory earlier this year. The expansion would move annual production from 30,000 to nearly 400,000 vehicles, according to the documents obtained by Teslarati.
Lucid Motors receives approval to build Phase 2 of Casa Grande factory
Lucid CEO/CTO Peter Rawlinson believes that the company can achieve “significant growth” over the coming years. However, Rawlinson was apprehensive to commit to a production rate of 20,000 cars in 2022. “The factory is ready and up and running. The car is getting higher quality, getting closer to start of production on a daily basis. And we’re rolling out our sales and service network. We’ve got six stores open across the country with four more to come in the very near future,” Rawlinson said in a recent interview with CNBC.
What do you think? Let us know in the comments below, or be sure to email me at joey@teslarati.com or on Twitter @KlenderJoey.
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Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
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Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
