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Is Tesla Feeling the BYD? A Chinese Giant Shakes Up the EV Electric Car Landscape
(www.arktrek.shop)
this post was submitted on 02 May 2024
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For US Market maybe yes, but countries like China, Brazil, India or any Asian country $40k car is a luxury
Luxury isn't about price point. And last I checked, you couldn't get a new tesla for 40k.
Saying that tesla is luxury is like saying that McDonald's is fine dining.
Do yourself a favor and look up the comparable pricing for the ioniqs versus tesla. Tesla has always been overpriced (from factory) for what it offered.