Hyundai's New Electric Sedan Is A Growing Headache For Elon Musk Due To Range and Price

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Hyundai has released the pricing details for its new Ioniq 6 electric sedan, and it's looking like a strong contender in the EV market.

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Starting at $41,600 for a model with 240 miles of range, the Ioniq 6 is priced competitively with other electric sedans on the market.

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However, the Ioniq 6 also offers an impressive 361 miles of range on its rear-wheel-drive Long Range trim, which is more than what Tesla's Model 3 can provide.

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This impressive range is sure to catch the attention of potential EV buyers who are concerned about running out of charge on long trips.

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The Ioniq 6's futuristic design is reminiscent of Hyundai's popular electric SUV, the Ioniq 5, which was a hit among consumers.

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With its sleek looks and impressive range, the Ioniq 6 is shaping up to be one of the strongest rivals to Tesla's Model 3.

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However, one disadvantage for the Ioniq 6 is that it generally won't qualify for federal tax credits, unlike Teslas.

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Despite this, the Ioniq 6 still has a strong selling point with its lower price tag compared to other EVs on the market.

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As more automakers introduce new electric models, Tesla has had to slash its prices in order to stay competitive and maintain market share.

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