Tesla increases its lead on the US luxury sedan market, beating Mercedes, BMW and Audi

Tesla shocked the industry earlier this year when it confirmed having delivered 25,202 Model S sedans in the U.S. in 2015, which gave the company a 25% market share in the premium sedan market. For the first time, Tesla had surpassed market leaders like BMW and Mercedes. Furthermore, every single other large luxury sedan has seen its sales decrease during the same period.

Now the electric automaker is increasing its lead on the US luxury sedan market to such a point that the Model S is now twice as popular as the Mercedes S-Class or the BMW 7-Series. Tesla is literally selling more all-electric sedans in the US than Mercedes and BMW are selling S-Class and 7-Series combined.

Maybe I have been getting Tesla wrong all along… maybe Tesla does indeed have a great future. :thinking:

Well, we Fremont owners are def hoping so…

It’s all about the model 3. The market of that price point dwarfs this market.

Agreed…I am waiting (patiently) for a fully electric car that looks like a Ferrari but at a Prius price… I hope I live long enough to see that day…

Now the usual bear case for Tesla:

http://www.cnbc.com/2016/10/13/tesla-needs-12-billion-through-2018-key-analyst-says.html

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http://www.cnbc.com/2016/10/26/tesla-reports-third-quarter-earnings.html

Maybe we should stop doubting Elon Musk and buy in for the fun ride? :slight_smile:

I bet you Elon was not home schooled…:slight_smile:

They already delayed model 3 until 2018.

Musk is already bored with Tesla. .He made a cool car, the S, after the Sportscar which was a joke…Nothing else left to prove…Should sell it to GM or someone else that actually knows how to produce millions of cars…

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