Lucid Takes On Tesla: $50K Crossover Is Coming For The Model Y

Lucid Group, Inc. (NASDAQ:LCID) is shifting from ultra-luxury to the mass market, setting its sights on the Tesla, Inc. (NASDAQ:TSLA) Model Y with a new midsize crossover priced under $50,000. The shift toward a more affordable model comes at a critical time, as Lucid’s new Gravity SUV faces a rocky start. LCID stock is moving. See the chart and price action here. The Model Y ChallengerRead Next: Trump Blasts $50 Million Defense CEO Paychecks While Weapons Face DelaysInternally dubbed “Project Midsize”—and ...