Connect with us

News

Lucid Gravity will launch orders in early November

Credit: Lucid

Published

on

Lucid has announced that it will begin accepting orders for the Gravity SUV on November 7

Lucid has been teasing the Gravity SUV for several months, aiming to bring its own offering to the highly competitive segment. The company says it is designed to be “the best SUV ever,” aiming to bring all of the wants and needs of consumers into a single-vehicle design.

Peter Rawlinson, Lucid’s CEO, said:

“There is a growing anticipation for Lucid Gravity’s unprecedented combination of versatility, performance, design, and all-around capability. “This is uniquely enabled through our revolutionary technology. We look forward to bringing the world’s most advanced SUV to the world soon.”

Now that the vehicle is headed toward a scheduled production date of late 2024, Lucid is dropping some of the vehicle’s specs, along with new, never-before-seen images of the vehicle’s exterior, interior, and features.

Lucid Gravity Price

The Lucid Gravity SUV will start at $79,990, but this is for the Touring trim that will not enter production until late 2025. The initial vehicle trim, the Grand Touring, will be priced at $94,900 and will be available as production is planned to begin in late 2024.

Lucid Gravity Range

Lucid has long flexed its vehicles and their ability to hold high levels of efficiency and industry-leading range ratings.

The Gravity will be no different. While we do not have any details on efficiency due to no information on the vehicle’s battery pack capacity, Lucid does say that the vehicle will have a projected range surpassing 440 miles.

Advertisement
-
-

Lucid Gravity Horsepower

Just like the Air sedan, Lucid will offer a vehicle that has incredible power, acceleration, and performance metrics, with the first detail released being the horsepower. Lucid does note that the pack capacity will be “similar to that of the 2025 Lucid Air Grand Touring,” which is 117 kWh.

Lucid says the Gravity SUV will pack 800 horsepower in its Touring trim, bringing it into elite company as vehicles like the Nissan GT-R, Audi RS6, Lamborghini Sián FKP 37, and Koenigsegg CCR all also pack this much power.

Although it is not geared toward being a performance car specifically, the vehicle will have the capabilities, making it fully versed and well-rounded for customers.

Lucid Gravity Features

Not only will the Gravity have exceptional range and performance metrics, but it will also have the North American Charging Standard (NACS) from Tesla integrated directly into the vehicle.

It will also have up to 120 cubic feet of usable cargo space when the frunk is included. It will also pack an optional frunk seat that can accommodate two adults, but only when the vehicle is parked.

Lucid Gravity Production Date

Lucid is aiming for the production of the Gravity SUV to launch late this year, likely bringing first deliveries by January or February if all goes well.

Orders will open for the vehicle on November 7 for customers in the U.S. Current Lucid owners will have priority for taking delivery.

Advertisement
-
-
Need accessories for your Tesla? Check out the Teslarati Marketplace:

Please email me with questions and comments at joey@teslarati.com. I’d love to chat! You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

Published

on

Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

Advertisement
-
-
Continue Reading

Elon Musk

Elon Musk updates the SpaceX timeline for Mars

Published

on

Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

Advertisement
-
-

Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

Continue Reading

Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

Published

on

Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

Advertisement
-
-

The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

Continue Reading