I’m somewhat surprised at how common Tesla Model 3’s have become in the last 17 months since we moved to Minneapolis. I looked up their sales and found out that with only 3 models they sold more cars in the US than Mercedes last quarter and are also now outselling all BMW models as well. They are on pace to sell 400,000 cars this year with most of those being Models 3’s. It will be interesting to see if they remain the dominant EV car with dozens of other models being introduced in they next couple years.
Here’s a couple graphs that shows the growth in sales since Q1 2018 compared to other luxury brands. They are on pace to sell about 100,000 cars(all 3 Models) this quarter with about 80% of those being U.S sales.
They are no longer just a niche luxury brand and I’m looking forward to seeing what the competition will bring in new electric vehicles.
Here’s a couple graphs that shows the growth in sales since Q1 2018 compared to other luxury brands. They are on pace to sell about 100,000 cars(all 3 Models) this quarter with about 80% of those being U.S sales.
They are no longer just a niche luxury brand and I’m looking forward to seeing what the competition will bring in new electric vehicles.