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Ultra-luxury Lucid ‘Air’ will start at $52,500 with 240-mile electric range

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Lucid Motors has announced that the starting price of its ultra-luxury ‘Air’ will begin at $52,500, after tax incentives. The base model will have a 240-mile range keeping it competitive to Tesla’s $35,000 mass market Model 3 with an expected minimum all-electric range of 215 miles.

The timing for today’s press release of a lower-cost ‘Air’ puts Lucid Motors in a strong position, as it clarifies previous rumors that the Silicon Valley-based automaker would only make a $165,000 ultra-luxury version. Air’s futuristic interior and lower-than-expected pricing could entice anxious Model 3 reservation holders to cancel and opt for the more luxurious, larger vehicle.

Additionally, Lucid ‘Air’ is poised to become the industry’s longest range electric vehicle with the option to upgrade to a 400-mile battery pack, currently held by Tesla’s Model S 100D.

It’s worth noting that Lucid’s press release indicates that the base price for ‘Air’ will be $52,500, after tax incentives, but a fully optioned version will cost north $100,000.

Here are the planned options for the vehicle:

  • 315-mile and 400-mile-range battery options
  • Up to 1,000-horsepower twin-motor configuration, with all-wheel drive
  • Fully active suspension, delivering a world-class ride
  • Glass-canopy roof
  • Rear executive seats that recline up to 55 degrees
  • 22-way power front seats with heating, ventilation, dynamic bolsters, and massage
  • 21-inch Lucid-design wheels
  • 29-speaker audio system with active noise cancellation
  • Expanded leather trim with corresponding material upgrades

The base vehicle includes a plethora of features including; 400 horsepower, a  rear wheel drive powertrain, combined trunk storage of 32 cubic feet, 240-mile range, autonomous driving hardware, and over-the-air software updates. The included options at this price range competes heavily with the Tesla Model S, which starts at $68,000 and has a lesser range of 210 miles. Lucid Motors is currently working with Samsung SDI to produce the vehicle’s batteries.

Lucid Motors demonstrated the ‘Air’ at a private event in Newport Beach, CA

The company is also offering a “Launch Edition” for the first 255 customers and starts north of $100,000. Options included for the Lucid ‘Air’ Launch Edition include:

  • 315-mile range
  • 1,000 horsepower, all-wheel drive
  • Autonomous driving hardware
  • 21-inch Lucid-design wheels
  • Upgraded audio system
  • Unique colors and badging

As Lucid launches the vehicle into production, they plan to produce 10,000 vehicles in the first 12 months. It is unclear exactly when the ‘Air’ will enter production, but the company told Teslarati at one of their private launch parties that the car is expected to go into production in 2019. Lucid currently building a $700M production plant in Casa Grande, Arizona that is expected to employ 2,000 workers.

Lucid Motors was founded in 2007 and has raised over $130M in venture funding over the years. The company’s CTO, Peter Rawlinson, was Vice President of Vehicle Engineering at Tesla, where he developed the Model S. Additionally, one of Lucid’s co-founders, Sam Weng, was a VP at Redback Networks and Senior Director at Oracle.

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If you are interested in placing a reservation for the ‘Air’, Lucid requires a $2,500 deposit for the standard vehicle and $25,000 for the Launch Edition. Reserve Here

Christian Prenzler is currently the VP of Business Development at Teslarati, leading strategic partnerships, content development, email newsletters, and subscription programs. Additionally, Christian thoroughly enjoys investigating pivotal moments in the emerging mobility sector and sharing these stories with Teslarati's readers. He has been closely following and writing on Tesla and disruptive technology for over seven years. You can contact Christian here: christian@teslarati.com

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SpaceX just locked up a NASA record no other U.S. spacecraft can touch

SpaceX’s Crew-13 Dragon reached the ISS in under eight hours, and NASA confirmed a record.

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SpaceX now owns every spot on the list of the five fastest trips a U.S. spacecraft has ever made to the International Space Station, and its newest entry beat the old mark by more than four hours.

Crew Dragon Grace docked to the forward port of the station’s Harmony module at 7:05 p.m. ET on October 1, just 7 hours and 55 minutes after lifting off from Space Launch Complex 40 at Cape Canaveral. NASA confirmed the milestone in a space station blog update, writing that the flight “marked the fastest launch‑to‑docking of a U.S. spacecraft in the history of the International Space Station.”

The previous U.S. record also belonged to Dragon. SpaceX’s uncrewed CRS-31 cargo mission reached the station in a little over 12 hours in November 2024. The fastest crewed trip before last week was Crew-11, which took 14 hours and 43 minutes in August 2025, according to Space.com.

A post that Elon Musk reposted on Monday filled out the rest of the ranking. Behind Crew-13, CRS-31 and Crew-11 sit Axiom’s Ax-2 mission at 15 hours and 35 minutes and NASA’s Crew-4 at 15 hours and 44 minutes. All five flew on Dragon.

SpaceX turned a heralding moment for Starship into its greatest

Crew-13 carried NASA astronauts Jessica Watkins and Luke Delaney, Canadian Space Agency astronaut Joshua Kutryk, and Roscosmos cosmonaut Sergey Teteryatnikov. NASA had projected a docking around 8 p.m. ET, as Teslarati reported the day before launch, and Dragon arrived nearly an hour early. Our launch day coverage noted that the flight was lined up to be the quickest Crew Dragon transit yet.

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The speed came from timing more than hardware. SpaceX’s Julianna Scheiman said the station “was in an opportune spot in space,” which let Dragon start closing the gap almost immediately after reaching orbit. “This is close to the fastest it could be,” she added. Most Crew Dragon flights still take close to a day, using a series of Draco thruster burns to raise and phase their orbit before arrival.

Dragon’s next job at the station is a departure. NASA said Monday it is targeting 8:05 a.m. ET on Wednesday, October 7, for Crew-12 to undock, setting up a splashdown off the coast of California around 11:34 a.m. on Thursday. Clearing that port makes room for CRS-35, a cargo Dragon carrying the final set of iROSA solar arrays.

Dragon remains NASA’s only operational ride to the station while Boeing’s Starliner stays grounded, and the agency recently added Crew-15, Crew-16 and Crew-17 to SpaceX’s contract in a $946 million modification.

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Elon Musk teases TSMC as potential Terafab partner

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SpaceX Terafab rendering
SpaceX Terafab rendering

Elon Musk has acknowledged that early discussions with Taiwan Semiconductor Manufacturing Company (TSMC) could bring the company into his ambitious Terafab semiconductor project, signaling a possible partnership with the world’s leading contract chipmaker.

Musk confirmed that early talks are underway, but as of right now, they are “just discussions.” There is no confirmation of a deal nor dismissal of the possibility of one, leaving open the prospect of one of the largest advanced-chip collaborations under discussion in the U.S.

The report that speculated on potential discussions between Terafab and TSMC comes from Tim Culpan, who outlined a few ways the collaboration could operate. One is TSMC using the project as an “anchor customer” for future facilities in Texas, potentially contributing process expertise, operational know-how, or capacity while Terafab provides capital, long-term purchase commitments, or both.

Tesla and SpaceX jointly developed the Terafab project, with Intel already participating on the tech side. Elon Musk announced the project in March, and it intends to produce more than one terawatt of AI compute capacity annually once fully built.

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Elon Musk’s Terafab project locks up massive new partner

Company statements place the first phase at approximately $16.8 billion in cost, with later filings pointing to a total that could reach well into the tens of billions across multiple stages.

Intel joined the effort in April 2026 and is expected to supply its 14A manufacturing process for the full-scale plant.

Musk has said existing suppliers, including Samsung and TSMC, remain important for near-term needs; Tesla already has production arrangements with Samsung for AI5 and AI6 chips, but that future demand from Optimus robots, Cybercab vehicles, and planned space-based data centers will eventually exceed what the global industry can currently deliver.

Terafab is positioned as the long-term answer to that projected shortfall, and Tesla did something similar during COVID to avoid a chip shortage. This is just a much larger-scale solution.

If the partnership were to materialize, it would add TSMC’s industry-leading strategies to a project that already combines Tesla’s and SpaceX’s capital and offtake with Intel’s process technology. For now, the only public confirmation is Musk’s brief acknowledgement that conversations are occurring.

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Tesla reveals early Robotaxi charging strategy, showing scrappy DNA

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Credit: Tesla

Tesla’s early strategy for charging units operating within its Robotaxi fleet reveals that the company surely has not lost any of that scrappy DNA that took it from an unlikely success story to the most valuable carmaker in the world.

An observer at a Tesla Supercharger in Austin spotted ten total Robotaxi vehicles arrive: one Cybercab and nine Model Y units. A Tesla employee was waiting at the lot and allowed each unit to park itself; every car that arrived had nobody in it.

Tesla wins FCC approval for wireless Cybercab charging system

The Tesla employee would walk around and plug each car in, adjusting the parking if needed:

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It’s a very interesting strategy, but extremely understandable at this early point in the Robotaxi program. It’s only been out for about 15 months, and Cybercab just entered the fleet in early September.

On top of that, Tesla is still working tirelessly on its wireless charging apparatus, and a new patent was just published regarding that product last week.

However, this is just another example of how Tesla still has plenty of that scrappy DNA leftover from the “production hell” days, when CEO Elon Musk slept on the floor of the factory, employees were working crazy hours, Tesla was building Sprung Structures to build cars in, and the company was tiptoeing on the brink of bankruptcy.

For now, Tesla is utilizing a simple system for recharging its ride-hailing vehicles, and that is a Tesla employee doing it manually until another solution presents itself. Sure, it’s not the most high-tech thing, and it certainly is not what people might have expected at this point in time, but it works, and it’s keeping the entire suite running.

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