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Dec 24, 2025 12:10 PM

Lucid Takes On Tesla: $50K Crossover Is Coming For The Model Y

Lucid Group, Inc. (NASDAQ:LCID) is shifting from ultra-luxury to the mass market, setting its sights on the Tesla, Inc. (NASDAQ:TSLA) Model Y with a new midsize crossover priced under $50,000. 

The shift toward a more affordable model comes at a critical time, as Lucid’s new Gravity SUV faces a rocky start. 

LCID stock is moving. See the chart and price action here. 

The Model Y Challenger

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Internally dubbed “Project Midsize”—and potentially named the Lucid Earth—the upcoming vehicle represents a do-or-die moment for the California-based automaker as it seeks to scale beyond its ...