Lucid has plans to go downmarket and it could be with a $50k EV.
insideevs.com
Rawlinson also mentioned how efficiency is key.
insideevs.com
"Lucid's mission is not just to do EVs and jump on this EV bandwagon. Our mission is to advance the state of the art of the possible of the EV."
"I think it's really important that I have this role to try and create a narrative as well, pushing toward efficiency. I want to go as far as possible with the smallest battery possible."

Lucid Could Be Working On A $50,000 Electric Sedan Coming In 2025
The manufacturer recently revealed the $250,000 Air Sapphire and it’s in the process of launching the more affordable Air Pure model.

Rawlinson also mentioned how efficiency is key.

Lucid CEO Says EV Efficiency Is Key When It Comes To Cheaper Cars
Batteries are expensive, and, to some degree, scarce. When EVs need fewer batteries to travel longer distances, costs will drop and adoption will increase.

"I think it's really important that I have this role to try and create a narrative as well, pushing toward efficiency. I want to go as far as possible with the smallest battery possible."