If there's a serious competitor to the Tesla Model S on the horizon, it's clearly the Lucid Motors Air, a brand new luxury electrified sedan that wowed at CES just a couple of short months ago. Pricing has just been revealed, and it looks like no accident that it undercuts the Model S. 

Previously, it was announced that the Launch Editions or the Air will cost around $165,000. So the fact that the base model will start at $60,000 ($52,500 after $7,500 government tax credit), and that means it's lower than the Model S, which is $8,000 more before tax credits. That's more than just a small margin, and we're sure Elon Musk doesn't like it one bit.

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The base model will likely have around 400 horsepower with 240 miles of range rather than the 1,000 hp touted at CES in what will surely be a top trim model like the Tesla Model S P100D. The base Model S 60 offers 382 hp and 219 miles of range, making the Air just a bit better in both departments.

The base model Air won't be a stripper, either. It will house hardware necessary for autonomous driving, high-resolution touch screens, LED headlights, 32 cubic ft of cargo space from front and rear trunks, 10 speaker audio, and some of the sweetest rear seats we've ever seen. 

Options include bigger batteries and motors with ranges of 315 miles and 400 miles, a dual-motor powertrain good for 1,000 horsepower, a full panoramic glass roof, reclining rear seats, a 29-speaker sound system, and 22-way power front seats with heating, cooling, active bolsters and massage. Add all these features, and your price goes to the six-figure realm.

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