Tesla is launching a new “guaranteed future value” (GFV) program that locks in a pre-set resale price for buyers financing a new Model Y or Model 3.

The move directly targets the depreciation fears that have followed Tesla’s own aggressive price cuts over the last two years.

Lucid has registered the design of its upcoming Cosmos with the European Union Intellectual Property Office, giving us the clearest look yet at the sub-$50,000 crossover the automaker is betting its future on.

The filing, published last week, shows the production design of Lucid’s first mass-market EV from every angle, inside and out, months before its expected reveal this summer.