Hyundai has introduced a cash rebate on the 2023 Ioniq 6 SE and SEL trims in an effort to bring down the price to compete with Tesla's cheaper offerings. The discount brings the starting price of the Hyundai Ioniq 5 to just US$36,600. The rebate only applies to cash offers, but Hyundai still offers a US$7,500 incentive discount on lease deals. The price cut makes the Ioniq 6 cheaper than the Tesla Model 3 — as long as you ignore the federal tax rebates, that is. https://www.notebookcheck.net/Hyundai-introduces-Ioniq-6-cash-rebate-to-sway-Tesla-Model-Y-Model-3-buyers-with-US-5-000-off.726389.0.html
Hyundai are smoking crack. Ugliest car on the road, no amount of money would make be drive one.