- EV startup Lucid Motors just released an employee buy software.
- Staff who get the $154,000 Air Grand Touring get a sizable price reduction, paid out out above time.
- Lucid observed reservations drop from 37,000 in Q2 to 34,000 in Q3, thanks in section to cancellations.
Lucid Motors is featuring staff an $18,000 lower price to get its luxurious vehicles by the conclusion of the year, the electric powered vehicle startup confirmed to Insider.
This 7 days, Lucid began supplying all complete-time typical US staff members a “stipend” to invest in the 2022 Grand Touring, according to an inner e-mail seen by Insider. The Grand Touring is the firm’s 3rd variant driving the minimal Air Dream Version and Grand Touring Efficiency. It begins at $154,000.
Employees who acquire a Grand Touring and take supply by December 31 will obtain $500 each individual pay back period (which handles two months) right up until the payments overall $18,000, provided they continue on to do the job at Lucid. The organization also stated availability and configurations are confined.
“We have usually wanted to come across the proper time to assistance reward our staff who ended up intrigued in driving a Lucid Air each individual working day,” Lucid spokesperson Nat Lingo advised Insider. “With our recent ramp up, we have been ready to honor this request from our workforce.”
The application could support Lucid juice shipping numbers before yr-conclude, as it ramps up creation of its flagship Air sedan. As of the third quarter, Lucid had made a overall of 3,687 motor vehicles this calendar year, and is focusing on developing among 6,000 and 7,000 autos in 2022. It has not nevertheless provided 2023 direction.
In the meantime, Lucid saw reservations drop from 37,000 in Q2 to 34,000 in Q3, which CFO Sherry House attributed to a blend of deliveries made and shopper cancellations.
Even with reservations declining, the organization has 1000’s of reservations to fulfill — including an purchase for up to 100,000 automobiles from Saudi Arabia’s authorities.
A former personnel told Insider that inspite of worker interest, this sort of software was not available earlier thanks to the firm’s purchase quantity.
Unconfirmed reports have explained startup Rivian has also introduced an worker purchase system.
Are you a existing or previous Lucid employee? Do you very own a Lucid car? Do you have a news tip or impression you would like to share? Get hold of this reporter from a non-work device and account at astjohn@insider.com or on Sign at 313-570-6709.
- EV startup Lucid Motors just released an employee buy software.
- Staff who get the $154,000 Air Grand Touring get a sizable price reduction, paid out out above time.
- Lucid observed reservations drop from 37,000 in Q2 to 34,000 in Q3, thanks in section to cancellations.
Lucid Motors is featuring staff an $18,000 lower price to get its luxurious vehicles by the conclusion of the year, the electric powered vehicle startup confirmed to Insider.
This 7 days, Lucid began supplying all complete-time typical US staff members a “stipend” to invest in the 2022 Grand Touring, according to an inner e-mail seen by Insider. The Grand Touring is the firm’s 3rd variant driving the minimal Air Dream Version and Grand Touring Efficiency. It begins at $154,000.
Employees who acquire a Grand Touring and take supply by December 31 will obtain $500 each individual pay back period (which handles two months) right up until the payments overall $18,000, provided they continue on to do the job at Lucid. The organization also stated availability and configurations are confined.
“We have usually wanted to come across the proper time to assistance reward our staff who ended up intrigued in driving a Lucid Air each individual working day,” Lucid spokesperson Nat Lingo advised Insider. “With our recent ramp up, we have been ready to honor this request from our workforce.”
The application could support Lucid juice shipping numbers before yr-conclude, as it ramps up creation of its flagship Air sedan. As of the third quarter, Lucid had made a overall of 3,687 motor vehicles this calendar year, and is focusing on developing among 6,000 and 7,000 autos in 2022. It has not nevertheless provided 2023 direction.
In the meantime, Lucid saw reservations drop from 37,000 in Q2 to 34,000 in Q3, which CFO Sherry House attributed to a blend of deliveries made and shopper cancellations.
Even with reservations declining, the organization has 1000’s of reservations to fulfill — including an purchase for up to 100,000 automobiles from Saudi Arabia’s authorities.
A former personnel told Insider that inspite of worker interest, this sort of software was not available earlier thanks to the firm’s purchase quantity.
Unconfirmed reports have explained startup Rivian has also introduced an worker purchase system.
Are you a existing or previous Lucid employee? Do you very own a Lucid car? Do you have a news tip or impression you would like to share? Get hold of this reporter from a non-work device and account at astjohn@insider.com or on Sign at 313-570-6709.