The Lucid Air Touring costs $107,400, while the Grand Touring costs $138,000. While a $7,500 discount is always great, it only represents a 7% reduction for consumers. That’s a long cry from Tesla essentially lowering the price of a five-seat Model Y Long Range by about a third from $65,990 thanks to tax credits (Tesla slightly increased the price earlier this month). While Lucid is in a different market than competitors that sell more affordable EVs, it appears that the firm is doing everything it can to take advantage of the tax incentives that they are qualified for.
