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All-electric Lucid Motors ‘Air’ reaches 217 mph in high speed stability test
Making a grand entrance at the 117th-annual New York International Auto Show today is electric car startup Lucid Motors. The California-based maker of the “private jet on wheels” is debuting its ultra luxury Lucid ‘Air’ along with its Alpha Speed Car, which recently completed its first high-speed stability test at a software limited 217 mph (350km/h).
The fully autonomous capable Lucid Air represents a new take on luxury vehicles, packing in amenities often found in private jets and boasts expansive space with an exterior footprint of a mid-sized car. On paper, the Air may seem like a direct competitor with current Silicon Valley sweetheart, Tesla’s Model S. However, one can argue that the Lucid Air – with its Maybach quality interior and unprecedented performance – is better equipped to stand in a class of its own. The Air will ship with autonomous ready hardware, and when paired with the distinct focus on passenger comfort and luxury, the all electric powertrain that’s capable of 400 miles of range and 1,000 horsepower starts feeling like a different kind of experience altogether. Impressively, the luxury of the Air will start at just $52,500 after federal tax credits, which is a sizable savings from the costlier Tesla Model S.
ALSO SEE: Tesla Model S vs. Lucid Air: comparison of range, performance and price
Lucid Motors is raising capital to build out the first phase of manufacturing from its upcoming plant in Casa Grande, Arizona. The $700 million factory is expected to begin production on the Lucid Air in 2019 and produce 10,000 vehicles within the first 12 months. Lucid Motors revealed through today’s press release that the factory will reach full capacity in 2022 and produce 130,000 vehicles annually.
The company also announced through the press release that it has begun high speed testing of an Alpha prototype of the Air.
“In preparation for production, Lucid Air Alpha prototypes are undergoing a rigorous development program. Lucid has designated one of these test prototypes as a high-performance test vehicle and has installed a roll-cage for safety purposes. The Alpha Speed Car will be used for evaluating at-the-limit performance.”
Lucid completed the high speed stability on a 7.5 mile oval race track at the independent automotive testing ground TRC Ohio. The vehicle was able to successfully complete the stability and high speed testing at a staggering 217mph (350km/h).
Here are some amazing photos captured during the high speed run.
Unlike Tesla which produces lithium ion battery cells with partner Panasonic, Lucid has locked in an exclusive battery deal with Samsung SDI and will utilize “next-generation cylindrical cells that are able to exceed current performance benchmarks in areas such as energy density, power, calendar life and safety”, according to an announcement made by the company.
Results from Lucid’s 217 mph high speed testing would indicate that the company may have developed a sophisticated battery thermal management system that allows the battery pack to supply maximum output to the vehicle’s high efficiency motor. Lucid Motors Chief Technology Officer Peter Rawlinson has taken his years of experience, previously working at Tesla where he served as Chief Engineer, and rolled that into a battery management system that overcomes thermal limitations faced by Tesla’s system. The Electric GT all-Model S race team experienced some overheating issues after spending time on the racetrack with their Model S:
“The problem is the car has thermal limitations. You can have a very fast car on a qualifying lap, then it goes back to nominal power for 15 or 16 laps…If you save the temperature you can peak it again. The challenge will be to drive as quickly as possible without overheating the motor.”
Only time will tell if Lucid Motors can deliver on its grand vision of the future. If the test drive we took in Los Angeles is any indicator of what’s to come, Lucid Motors is on track to live up to its promises, tenfold.
Lucid Air Makes International Auto Show Debut in New York
Luxury electric sedan completes first high speed stability test at 217 mph
New York, NY, April 13, 2017 – Lucid Motors made its global auto show debut today at the 117th-annual New York International Auto Show. The company showed the Lucid Air luxury electric sedan and also presented its Alpha Speed Car test vehicle, which had just completed its first high-speed stability test at 217 mph.
Lucid Air: Leading the Charge in Luxury Mobility
The Lucid Air was first unveiled in December 2016. The all-electric sedan combines forward- looking design with groundbreaking technology to establish an entirely new class of vehicle. Featuring full-size interior space in a mid-size exterior footprint, the autonomous-ready Air will be available with up to 400 miles of range and 1,000 horsepower.
The Air will be manufactured in Casa Grande, Arizona. The factory, first announced in November 2016, will come online in 2019 and build 10,000 vehicles in the first 12 months. By 2022 the factory is expected to employ 2,000 full-time employees and manufacture up to 130,000 vehicles annually.
The Lucid Air is priced from $52,500 after federal tax credits. The base Lucid Air will feature a 400-horsepower motor, rear-wheel drive, and a 240-mile range. Deliveries will begin in 2019. Customers can pre-order the Air at https://lucidmotors.com/car/reserve.
High Speed Testing: Evaluating Stability and Durability at 217 mph
In preparation for production, Lucid Air Alpha prototypes are undergoing a rigorous development program. Lucid has designated one of these test prototypes as a high-performance test vehicle and has installed a roll-cage for safety purposes. The Alpha Speed Car will be used for evaluating at-the-limit performance.
For the Alpha Speed Car’s first testing session, Lucid headed to TRC Ohio to use their 7.5-mile oval to evaluate high-speed behaviors, including vehicle stability and powertrain thermal management. The test, software-limited to 217mph (350km/h), was successful in demonstrating the capabilities of the car and in finding areas for improvement that could not be properly evaluated in static bench tests.
Real-world tests are an important part of the engineering process, allowing the team to correlate computer simulation models with real-world performance. The collected data will now be used to finesse thermal and aero computer simulations and to make further performance improvements that will be tested later this year at higher speeds.
A video of the test can be seen at https://youtu.be/7k03MH7ztUs.
Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.
Ferrari Luce sold out for 2027 after design controversy
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
