You are right in a sense of: If the TPM holding the keys were itself encrypted with a strong password, this would be still be considered secure. You are wrong in the sense of: lenovo sells a device, tells its users its encrypted, their data is safe. None can steal their data

in reality the data can easily be accessed, which could be considered as “cracking the device/bypassing the encryption” because what lenovo prevent was someone ripping your ssd l, but not just decrypt it because the encryption was not implemented securely.

I don’t want to debate the security of a luks Linux volume or veracrypt windows laptop, (even though even those are in theory vulnerable to highly targeted and skilled things like cleverly exploiting e.g the logofail bug)

My point isn’t that there are no ways to have a secure system, my point is that the percentage of truly secure systems is low