Technology

59534 readers

3168 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

213

Lucid Motors drops the price of its cheapest EV by more than $8,000 (www.yahoo.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

33 comments fedilink hide all child comments

Lucid Motors drops the price of its cheapest EV by more than $8,000::Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The more powerful Lucid Air Touring model -- which offers all-wheel drive performance and roughly 50% more horsepower -- will now start at $77,900, down from $85,900.

you are viewing a single comment's thread
view the rest of the comments

[–] M500@lemmy.ml 22 points 9 months ago (5 children)

It not just this car though. Everything seems to be going that way.

[–] Ilovethebomb@lemm.ee -3 points 9 months ago (4 children)

Possibly, but you moaning that you can't afford a premium vehicle from a luxury car maker is a bit silly.

[–] Blue_Morpho@lemmy.world 5 points 9 months ago (3 children)

He is referring to how everything is becoming premium. A model T in 1916 was $350. Inflation adjusted that's $11,000. You can't buy a new car for $11k. Now of course a new car does so much more. But that also means there have been no productivity gains in 100 years to offset the cost of the added features.

[–] Untold1707@lemm.ee 4 points 9 months ago (1 children)

I don’t think that’s a fair comparison. If companies could get away with making a car as unsafe as the model T, you’d probably see quite a few $10k cars on the road. But as it stands today, most cars are required by law to have all sorts of safety features built in.

As our standard of living and safety goes up, so does the price of goods because more is required to go into R&D and manufacturing.

[–] Blue_Morpho@lemmy.world 2 points 9 months ago

If companies could get away with making a car as unsafe as the model T

That's why I claimed there are no productivity gains if those safety features can't be added at a lower cost than 100 years ago.

According to the Bureau of Labor and stastics, productivity has increased almost 500% since 1950. That means it should be possible to make a Model T today for less than $2,000. That leave $9,000 for safety improvements.

load more comments (1 replies)