Lucid has released a teaser for its first sedan, the Air, indicating that it may have set a new electric vehicle world record before its highly-anticipated unveiling event on September 9th.
Lucid uploaded a video that revealed the Air’s Dream Edition Variant might have set a new world record during a quarter-mile run at the famous Sonoma Speedway in Northern California. Also known as Sears Point, the track is used for a wide variety of different motorsports, ranging from NASCAR stock cars to the open-wheel Indy Car series. However, the track also has a quarter-mile drag strip, which is what Lucid utilized for the Air’s testing.
How fast is your dream? #LucidAir Dream Edition vs. 1/4 Mile Test Sonoma, CA.
RSVP for the Lucid global reveal, Dream Ahead, on 9.9. https://t.co/CFavh9hqsE pic.twitter.com/YvfocL34ZO
— Lucid Motors (@LucidMotors) August 28, 2020
-->The video did not reveal any specific time, but the quickly ticking timer that appears in the teaser goes as low as 10.48 seconds, but it is doubtful that this time is the lowest that the vehicle achieved. Lucid used the same style of video for the Air’s range unveiling, and that video only went as high as 441 miles. Lucid revealed the Air had 517 miles of range just four days later.
The current world record for a quarter-mile for an electric sedan is held by the Tesla Model S, which completed a drag race in just 10.452 seconds at the Tulsa Raceway Park on May 17th, 2020. The Model S used Ludicrous Mode and the “Cheetah Stance” to record this time.
However, it appears that the Model S may have new competition on the block, as the Lucid Air Dream Edition may have overtaken Tesla’s flagship sedan as the fastest ever to complete a quarter-mile. The results will be officially unveiled on September 2nd.
Lucid has been fine-tuning the Air since the company’s development of the vehicle began in 2014. Not only has Lucid focused on the performance of the car itself, but it has also attempted to make it the most aerodynamic vehicle ever created. The Model S, at one time, held the record for the lowest drag coefficient in the world at .23. However, the Air managed to attain a .21 Cd, which not only benefits its performance but also helps with the range of the vehicle as well.
Earlier this week, Lucid unveiled its 113 kWh battery pack for the Air and indicated that it would be one of the most spacious vehicles in its class ever to exist. Lucid kept its word that it would be a direct competitor to Tesla on paper, but the company has yet to reveal its final product for the Air. The company will hold its official unveiling event on September 9th.
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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
