Lucid Motors has unveiled its 1,000-horsepower, 400-mile range, Model S-fighting electric sedan. It’s called the Lucid Air and early versions will run north of $100,000 (exact pricing will be disclosed later), with available 100kWh and 130kWh battery packs. Following in Tesla’s footsteps with the Model 3, buyers interested in the Lucid Air can plunk down $2,500 deposits to reserve a “standard” production model, or a whopping $25,500 for a special, well-optioned “launch edition” that is one of the first 255 cars off the production line.