When General Motors in 2021 unveiled its Cadillac Celestiq with a price tag of $300,000, it aimed to catch the eye of the ultrarich.
Available only by individual order and requiring what the company describes as a "significant deposit," the handmade vehicle is a significant step up from GM's other EV offering, the Lyriq.
But on Aug. 4 reports said that $300K wasn't quite enough for admittance to this exclusive club. According to a tweet from Twin Birch co-owner Sawyer Merritt, the starting price of the vehicle is $340,000.
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NEWS: GM has officially revealed that the starting price of their flagship EV 2024 Cadillac Celestiq is a whopping $340,000 before options.
— Sawyer Merritt (@SawyerMerritt) August 4, 2023
It's 216" long & has 300 miles of range. The first round of Celestiq customers are in the process of customizing their hand built cars. pic.twitter.com/V6x9FMQNUd
Naturally, the vehicle offers strong specs for the price. It will accelerate from 0 to 60 mph in 3.8 seconds and boasts 600 horsepower and 649 pound-feet of torque. Each vehicle will be built at the General Motors Artisan Center in Warren, Mich., and only six will be built at a time. There are tons of high-end customization options, too -- which, naturally, will drive up the price tag.
Cadillac
While it's not the most expensive EV on the market -- that honor belongs to the Aspark Owl at $3.5 million -- the Celestiq certainly ranks as GM's most expensive car.
And pricewise it competes with Rolls Royce's Spectre, which was announced in October 2022 and is due out in late 2023.
GM has committed to going all-electric by 2030.
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