The company is also fundraising to get its factory up and running.
A Tesla Model S is electronically limited to 155 mph.
Lucid says the Air signals the next generation of EVs.
That money won't get you the 1,000-horsepower version, though.
Development continues for this 1,000-horsepower luxury EV.
The luxury electric sedan is expected to arrive in 2018.
The executive sedan is slated for production in two years.
Yes, that range would set a new record.