The Apple of cars is about to take over the Car industry now that its production is ramping up.
Bloomberg :
For the first time, an electric vehicle outsells all but a handful of Toyota and Honda cars.
Bloomberg :
For the first time, an electric vehicle outsells all but a handful of Toyota and Honda cars.
First it was America's best-selling electric car. Then it became the best-selling luxury car. Now, against the odds, Tesla Inc.'s Model 3 is becoming one of the best-selling sedans in America, period.
Automakers on Tuesday reported monthly and quarterly sales totals. For the three months that ended in September, Tesla delivered more Model 3s than all but four of the top sedans sold in the U.S., regardless of size or price.
Tesla's competitors are feeling it. Sales of the Mercedes-Benz C-Class, the best-selling luxury sedan in the U.S., plunged 24 percent last month and are down 28 percent for the year through September.
For now, Tesla is the first and only electric car to break into the ranks that are dominated by Japanese and Korean carmakers. And it's doing so at a higher price than other mass-market cars. The most expensive versions of the Model 3 are currently the most popular, with an average selling price approaching $60,000. Tesla says cheaper versions starting at $35,000—designed to appeal to a wider group of buyers—may be coming around the end of the year.