Lucid Motors today has announced the most affordable version of the Air sedan (simply called Lucid Air) will have a starting MSRP of $77,400.

That means a base Air with 406 miles of range and 480 HP can be had for $69,900 after deducting the $7,500 federal tax credit. We should note that the Lucid Air has not yet been certified as tax-credit eligible by the IRS, but that should be a simple formality. 

Just in case anyone failed to notice, just yesterday, Tesla announced a $3,000 price reduction for the Model S Long Range Plus, taking its starting MSRP down to $71,990. Since Tesla's vehicles no longer qualify for the Federal Tax Credit, the Lucid Air will cost $2,000 less than the base Model S Long Range Plus. Even though the base Lucid Air won't be available until sometime in 2022, we find the timing of Tesla's price reduction curious, to say the least.

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