Cadillac is gearing up to unveil the Celestiq concept next month and a new report suggests the upcoming production model could cost around $300,000.

While there was little doubt the hand-built electric vehicle would cost more than six figures, the rumored $300,000 price tag would put it in ultra-luxury territory alongside Bentley and Rolls-Royce. That would be a radical departure for the brand as the company’s most expensive model is currently the Escalade-V, which starts at $149,990.

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Cadillac's Celestiq Flagship Sedan Could Cost $300,000

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