Tesla Arson Crisis Sparks Urgent Shift to Lucid: Boycott Fuels Rival’s Rise

How Tesla’s Woes Are Driving Lucid’s Electric Vehicle Surge Lucid Reaps Rewards as Tesla Faces Arson Backlash Reports from Yahoo Finance indicate that a wave of arson attacks targeting Tesla electric vehicles has triggered a significant shift among American EV consumers, with many abandoning Tesla in favor of Lucid Motors. This trend, spotlighted in a detailed feature last month, underscores how Tesla owners, rattled by incidents of vehicle torchings, are offloading their cars on the used market and turning to Lucid as a safer, more appealing alternative. The luxury electric vehicle manufacturer is emerging as the primary beneficiary of what analysts are calling a Tesla boycott, fueled not only by safety concerns but also by growing discontent with Tesla CEO Elon Musk’s polarizing public persona. Lucid’s recent launch of the Gravity SUV has struck a chord with buyers, amplifying its momentum in the competitive EV landscape. Lucid CEO Mark Winterhoff revealed in a recent statement ...