Looks like a turning point.
Renault, VW and Hyundai have also increased their EV sales considerably in 2024 so far, while Tesla is moving down the lists.
So it’s not just Chinese cars taking over due to artificial low pricing. I think consumers are getting more comfortable with EVs in general. Tesla no longer have the advantage of being “first” or long range or being perceived as exclusive luxury or whatever drove them to the top in the first place. Their design also looks pretty dated by now in my opinion.
One thing.
Tesla has never been known for luxury at all. I’d bet my ioniq phev was more luxurious and my 5 most definitely is.
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.