Lucid Motors Has Sold Out All of Its $170,000 Air Sedans as Total Reservations Top 8,000

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As the company works its way toward closing its merger with special-purpose acquisition company (SPAC) Churchill Capital IV (NYSE: CCIV), Lucid Motors has announced that all of the Dream Edition units are now spoken for. That’s the version that the electric-vehicle (EV) maker is launching first in the back half of 2021. It carries a price tag of $169,000 before factoring in federal tax credits or other state and local incentives. When including the federal tax credit of $7,500, the price comes down to $161,500.

Here’s what Lucid and Churchill Capital IV investors need to know.

Loaded with luxury. The Dream Edition #LucidAir is now officially fully reserved.

Join our waiting list for the limited production Dream Edition model when you reserve a Lucid Air Grand Touring.https://t.co/mHy4epiDcx pic.twitter.com/kQwzWyEiNr

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