The 2021 Lucid Air promises to cream the Tesla Model S when it comes to range and acceleration. But as it turns out, for its highest-zoot models, great performance comes at a great price. But the base model's pricing, at first blush, seems on par with its rivals.

That base Lucid Air starts at $77,400 without destination (Lucid is still determining what the destination charge will be at the time of this writing). Keep in mind the Air should qualify for the full federal tax credit, which when factored into the equation, brings the quoted price down to $69,900. The Tesla Model S no longer qualifies for this credit, and it starts at $73,190, including a $1,200 destination charge. We can't say for sure yet, but the base Air might undercut its Tesla rival.

Performance specs for the base model are solid. Lucid estimates it will deliver up to 480 hp and travel 406 miles on a charge. It can add 300 miles of range in 20 minutes when plugged into a DC fast charger. The entry-level Air goes on sale well after the initial batch of higher-end Airs roll off the assembly line.

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