On August 23, Gelong Exchange rose more than 2% before trading to US $16.43. Lucid recently launched a top-of-the-line electric sports car, Lucid Air Sapphire Edition, which is equipped with a three-motor powertrain with two rear motors and one front motor. Lucid claims that Lucid Air Sapphire Edition has more than 1200 horsepower, which is 200 more than Tesla, Inc. 's Model S Plaid.