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Cars
Published on September 9, 2018 |
by Michael Grinshpun
September 9, 2018 by Michael Grinshpun
Despite the scrutiny of the media around Tesla Model 3's "production hell" ramp and Elon Musk's private drama, Tesla now has the best-selling car in the United States. You may think it was a typo, but read on.
Tesla has finally achieved its vision of bringing a real mass market car to the United States, with solid results in July and August, marking a record third quarter. In August, the Tesla Model 3 became one of the top five most sold cars in the United States by units, behind popular Toyota and Honda cars under $ 25,000, compared with Tesla's $ 49,000. (Note: the car category does not include SUVs and trucks.)
Data sources: GoodCarBadCar, InsideEVs
Although Tesla did not surpass other gasoline cars in terms of unit sales, it was by far the most sold electric vehicle, holding nearly 50% of all electric vehicles' market shares, according to Tesla. InsideEVs estimates, and the S and X model took an additional 15%.
Due to Tesla's high starting price and its attractive options, which are also expensive, Tesla's average selling price for Model 3 was over $ 55,759, according to Twitter. Troy Teslike, which questions the people who order the model 3 and publishes a variety of resulting statistics.
The high average selling price of Model 3 and record deliveries made Tesla's Model 3 the best-selling car in the United States. by income in July and August.
Data sources: GoodCarBadCar, InsideEVs, TroyTeslike and Kelly Blue Book.
In addition to becoming the top-selling car in terms of overall revenue, the Tesla Model 3 has sold luxury units (with the exception of vans and SUVs), such as Mercedes-Benz, to entire luxury brands., BMWand Audi. Tesla plans to further increase demand by offering cheaper variants of the car at $ 35,000, offering leases and expanding testing opportunities. Plus, as with the S and X models, enthusiastic owners will show their cars to family members and friends, generating more orders.
August's sales data clearly show that Tesla's vehicles remain dominant, as they offer a truly compelling and uncompromising vehicle that buyers are willing to pay. In fact, Model 3 is somehow unique. It is extremely sporty, fuel efficient, high-tech, luxurious and practical. There is virtually no other car on the market that offers so many stars on the full package.
It remains to be seen whether Tesla can achieve its 50,000 to 55,000 Model 3 product goals and slightly more for the third quarter. During the company's latest update, Elon Musk says third-quarter production and shipments are about to double the total number of 40,740 vehicles delivered in the second quarter. We'll see the quarterly numbers in the early days of October, but if the July results, the August results and Musk's statements are an indication, then Tesla will likely reach its targets for Model 3 and the best-selling car. in the USA. by third quarter business figure. Industry watchers beware: the Tesla Model 3 is the car that will introduce electric vehicles into the mainstream.
About the author
Michael Grinshpun Michael Grinshpun is a graduate and postgraduate student in economics. He writes about the electric car industry and works on sustainable energy issues. He is working on Carbon Free Boston, an initiative to zero carbon emissions by 2050 in Boston, as well as water projects. Previously, Michael worked in solar consulting and energy installations.
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