In Europe, many of the same companies offer a wide variety of electric models -- and at much lower prices than electric cars here in the US. As one of the few companies to have purpose-built both electric car and battery factories in America, I had hoped Lucid could be a vector for moving things in that direction. But the market here seems to only want and care about ever-more-premium electrics. Even Nissan, with arguably the best plug-in EV in its Leaf model, decided to discontinue the entire line in order to make more expensive Ariya models. This is not the case in Europe, where all of the top brands have multiple electrics on offer.
There has to be a learning curve. Building a manufacturing company, a first production facility and a car at the same time is VERY HARD.
You are doomed to low volumes as you attempt to figure out the design, so you might as well charge for it. Tesla followed the same model, they just didn't go deep enough. Now Tesla is backtracking with the roadster and they are directly competing on the segment.
I have faith in Lucid, they'll deliver eventually. Also, there is a ton of turnover from Tesla to Lucid so the team is strong.