Lucid

Lucid Air, the $150,000 electric car challenging Tesla

Tesla considers itself the electric car technology leader, but there’s a new competitor emerging to vie for that title.

The company is Lucid Motors, a start-up in Newark, Calif., near Silicon Valley. The car is the Lucid Air, an ultra-luxury ride with advanced battery technology that sets itself apart with posh accoutrements and a market-leading range of 400 miles — more than 500 miles in a special edition. The base model matches the top range on the Tesla Model S and the special edition exceeds it by 100 miles. It also boasts a top speed of 200 mph, should anyone need to drive that fast. The Model S tops out at 155.

Unveiled online Wednesday, the Lucid Air “might finally rival the Tesla Model S … and challenge Elon Musk and his team,” said Jessica Caldwell, an executive director at auto market researcher Edmunds.

It’ll cost you. The price is

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