Lucid hosted an impressive unveiling event of the Air on September 9th, showing the vehicle’s four different configurations and the remarkable performance specifications of the Dream Edition. With 517 miles of range and some of the fastest acceleration rates ever seen on an electric vehicle, the EV community widely speculated on how Tesla would manage to compete with Lucid’s newly-introduced technology and speed, and the Cybertruck seems to fit the bill.
The Cybertruck from Tesla would match Lucid’s range and performance specifications, while also offering versatility for tasks such as construction and camping. The Lucid Air Dream Edition also doesn’t have something that the Cybertruck does: affordability.
The Tesla Cybertruck Tri-Motor variant starts at $69,990 while offering 500+ miles of range and 0-60 times that are under 2.9 seconds. To obtain a Dream Edition Air, consumers will pay $100,000 more.
The consumer base of the two vehicles will likely be vastly different. The Cybertruck’s affordability across its three variants will prove to be a bigger seller, especially considering the truck has an estimated 500,000+ pre-orders ahead of its planned initial production phase.
Lucid will attract luxury car buyers across all of their variants for the Air. Its high-quality interior, executive rear seats, high-tech features, and sleek sedan design all make for a perfect car for those who are willing to spend a little extra.
But the Cybertruck’s tech shows one thing, and it is the fact that Tesla is capable of competing with Lucid in terms of range and performance.
On top of that, Tesla’s timeframe for the production of the Cybertruck was moved up to May 2021, which is around the same time that Lucid plans to begin deliveries of the Air’s Dream Edition.
A few months ago, Teslarati reported that Elon Musk has a tendency to announce big developments as other automakers are gaining momentum. When Nikola started to see traction with its Semi trucks, Musk announced that the Tesla Semi would begin “volume production” in a timely fashion.
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- Credit: Twitter | @zfescht
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- The Tesla Semi visits Yandell Truckaway. (Photo: Arash Malek)
The Cybertruck also pulled wind from the sails of Rivian, who had planned to introduce the first fully-electric pickup to the market with the R1T. However, the Cybertruck took over a massive amount of the appeal because of its unique design and sci-fi event, which captured the attention of millions.
In the grand scheme of things, Tesla has the Cybertruck, and it plans to offer it in the U.S. market where the pickup is widely popular. It is more affordable, offers impressive range ratings that are comparable with the Air, and has excellent performance. It is sure to capture a broad consumer group because of its specifications.
Meanwhile, the Air will appeal to luxury sedan buyers, who are not necessarily worried about performance. These buyers look for exclusivity, brand prestige, build quality, and a high-end consumer experience, according to Limelight. Lucid will be able to offer all of these things apart from prestige, simply because of its startup label. However, electromobility will appeal to some high-end car buyers, and the Air could be the answer to those needs.
Although the Cybertruck and Air are two different cars completely, Tesla is proving outright that it is capable of creating a truck that has versatility and a useful platform, while offering comparable performance and range specifications for significantly less money.
Elon Musk
Tesla CEO Elon Musk sends final warning to Bill Gates over short position
“If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon,” Musk said.
Tesla CEO Elon Musk sent a final warning to former Microsoft CEO Bill Gates over his short position, which he confirmed he held to Musk directly several years ago.
Gates has been a skeptic of Tesla for some time, but he has also tried to work with Musk on philanthropic opportunities several years ago, which was coincidentally when he admitted to the company’s frontman that he held a short position.
Musk was, in turn, “super mean” to Gates, according to Walter Isaacson’s biography about the Tesla CEO. Gates had put $500 million against Tesla, shorting the stock and hoping to profit from its failure.
Elon Musk explains Bill Gates beef: He ‘placed a massive bet on Tesla dying’
A short position essentially means Gates is betting Tesla shares will go down, which would make him money. However, shares have gone up over six percent this year and increased nearly 150 percent over the past five years.
At the recent Annual Shareholder Meeting, Musk made many claims about Tesla’s future projects and how they could manage to disrupt various industries. He also recently had a massive $1 trillion compensation package approved, which will be awarded in twelve tranches, all of which combine a company valuation goal and an individual goal related to a product.
Musk was able to complete his last approved pay package, but it was not awarded due to a ruling by a Delaware Chancery Court. Nevertheless, his track record of proving growth for Tesla shareholders is excellent, and investors are obviously very encouraged by his capabilities as a CEO, considering 76.6 percent of shareholders voted to approve his new compensation.
After it was revealed that the Gates Foundation dumped 65 percent of its Microsoft position for nearly $9 billion, Musk had one final message for him: drop your Tesla short position soon, or else.
If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon
— Elon Musk (@elonmusk) November 16, 2025
Musk’s rivalry with Gates is mostly founded on the Tesla CEO’s discontent with the former Microsoft frontman’s short position. However, Musk might have a bit of a soft spot for Gates, considering he is giving him a warning of what is potentially to come. If he really wanted to do some damage to Gates, he would not give him any heads-up at all.
News
Tesla rolls out most aggressive Model Y lease deal in the US yet
With the promotion in place, customers would be able to take home a Model Y at a very low cost.
Tesla has rolled out what could very well be its most aggressive promotion for Model Y leases in the United States yet. With the promotion in place, customers would be able to take home a Model Y at a very low cost.
Zero downpayment leases
The new Model Y lease promotion was initially reported on X, with industry watcher Sawyer Merritt stating that while the vehicles’ monthly payments are still similar to before, the cars can now be ordered with a $0 downpayment.
Tesla community members noted that this promotion would cut the full payment cost of Model Y leases by several thousand dollars, though prices were still a bit better when the $7,500 federal tax credit was still in effect. Despite this, a $0 downpayment would likely be appreciated by customers, as it lowers the entry point to the Tesla ecosystem by a notable margin.
Premium freebies included
Apart from a $0 downpayment, customers of Model Y leases are also provided one free upgrade for their vehicles. These upgrades could be premium paint, such as Pearl White Multi-Coat, Deep Blue Metallic, Diamond Black, Quicksilver or Ultra Red, or 20″ Helix 2.0 Wheels. Customers could also opt for a White Interior or a Tow Hitch free of charge.
A look at Tesla’s Model Y order page shows that the promotion is available for all the Model Y Premium Rear-Wheel Drive and the Model Y Premium All-Wheel Drive. The Model Y Standard and the Model Y Performance are not eligible for the $0 downpayment or free premium upgrade promotion as of writing.
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Tesla is looking to phase out China-made parts at US factories: report
Tesla has reportedly swapped out several China-made components already, aiming to complete the transition within the next two years.
Tesla has reportedly started directing its suppliers to eliminate China-made components from vehicles built in the United States. This would make Tesla’s US-produced vehicles even more American-made.
The update was initially reported by The Wall Street Journal.
Accelerating North American sourcing
As per the WSJ report, the shift reportedly came amidst escalating tariff uncertainties between Washington and Beijing. Citing people reportedly familiar with the matter, the publication claimed that Tesla has already swapped out several China-made components, aiming to complete the transition within the next two years. The publication also claimed that Tesla has been reducing its reliance on China-based suppliers since the pandemic disrupted supply chains.
The company has quietly increased North American sourcing over the past two years as tariff concerns have intensified. If accurate, Tesla would likely end up with vehicles that are even more locally sourced than they are today. It would remain to be seen, however, if a change in suppliers for its US-made vehicles would result in price adjustments for cars like the Model 3 and Model Y.
Industry-wide reassessments
Tesla is not alone in reevaluating its dependence on China. Auto executives across the automotive industry have been in rapid-response mode amid shifting trade policies, chip supply anxiety, and concerns over rare-earth materials. Fluctuating tariffs between the United States and China during President Donald Trump’s current term have made pricing strategies quite unpredictable as well, as noted in a Reuters report.
General Motors this week issued a similar directive to thousands of suppliers, instructing them to remove China-origin components from their supply chains. The same is true for Stellantis, which also announced earlier this year that it was implementing several strategies to avoid tariffs that were placed by the Trump administration.
@teslarati 🚨 Tesla Full Self-Driving v14.1.7 is here and here’s some things it did extremely well! #tesla #teslafsd #fullselfdriving ♬ You Have It – Marscott
Tesla CEO Elon Musk sends final warning to Bill Gates over short position
Tesla rolls out most aggressive Model Y lease deal in the US yet
Tesla is looking to phase out China-made parts at US factories: report
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