Tesla is no longer just a luxury brand, says major auto outlet

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One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years.

In a column shared on Friday, Automotive News Executive Editor Jamie Butters laid out an update to a 2022 piece that had initially called Tesla a luxury brand. Now, he says, the automaker is more than a luxury brand, generally competing in a lower-priced market than back then—and especially as the Model Y seemingly became the world’s…

Continue reading this news update.

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