Lucid is developing a midsize EV, codenamed 'Project Midsize,' targeting the Tesla Model Y with a ~$50,000 price point. Production is planned for 2026, featuring Nvidia-assisted driving and lower-cost motors.
Tesla launches a cheaper Model Y to combat declining sales amid rising EV competition from Hyundai Ioniq 5 and Chevy Equinox EV. Can it sustain Tesla's market lead?
Tesla Model Y loses top spot to RAV4 amid rising car costs & Cybertruck struggles. EV competition intensifies with changing consumer habits. High monthly payments impact affordability.
