The new Lucid Gravity is officially in the hands of owners. Starting at $79,900, it enters the market as a serious challenger ...

EVs accounted for just 1% of all car sales in the kingdom in 2024, according to PwC. Saudi Arabia is developing its own local ...

Tesla trade-ins in the U.S. are at an all time high as some owners become disillusioned with Elon Musk’s politics, and some ...

With a market cap of nearly $800 billion, Tesla's biggest days of growth are arguably behind it. This reality has caused ...

Aging vehicle lineups and stiff competition from peers also ... a minuscule decline in demand for Tesla could greatly benefit Lucid. For instance, if Tesla loses only 1% of its 1.8 million ...

Chinese EV maker BYD is also already in the Saudi market, meaning Tesla faces competition from both BYD and Lucid Motors in an arena that is still small — EVs accounted for just 1% of all car ...