Lucid Motors loses $338 on every electric vehicle it produces

Many of the potential “Tesla killers” are still operating at a loss, but if Elon Musk’s company was in a similar position several years ago, operating in an environment of low competition, now prices for electric cars are under strong pressure from the same Tesla. Founded by a descendant of the latter, Lucid Motors, for example, loses $338 on each electric vehicle released. Image Source: Lucid Motors
Source: 3dnews.ru

Add a comment