Credit to Author: Maarten Vinkhuyzen| Date: Thu, 03 Oct 2019 22:50:52 +0000
Normally Norway is the biggest Tesla market in Europe. When the Dutch market absorbs nearly three times the Norwegian number of Model 3s, that is crazy
Credit to Author: Zachary Shahan| Date: Thu, 03 Oct 2019 03:33:41 +0000
One year ago, when Tesla’s 3rd quarter 2018 production and delivery data came out, many Tesla critics were stunned — absolutely stunned. They had been saying for months that Tesla absolutely could not produce the number of cars Tesla ended up producing. They also said with great conviction that Tesla absolutely could not show a profit in the 3rd quarter, or any quarter. Tesla blew the criticisms out of the water with production, deliveries, and a solid profit
Credit to Author: Zachary Shahan| Date: Wed, 02 Oct 2019 23:33:47 +0000
Overall, non-Tesla US passenger vehicle sales were up by 14,910 units in the 3rd quarter of 2019 compared to the 3rd quarter of 2018, and 14 brands saw their sales increase while 13 saw their sales decrease
Credit to Author: Zachary Shahan| Date: Wed, 02 Oct 2019 20:59:33 +0000
Tesla’s 3rd quarter production and delivery numbers — early estimates from the company, at least — are out. We’ll have more to report shortly on the news, but for now, here are three CleanTechnica charts (two static and one interactive multi-chart visualization) of Tesla’s quarterly deliveries since late 2012 and a portion of Tesla’s press release about the news
I wrote the other day about how crazy it is that there are still tens of thousands of Americans buying Toyota Camrys and Honda Accords month after month. Amidst the hundreds of thousands of views on that story, some people griped that the purchase price of a Model 3 is considerably higher than the purchase price of an Accord or Camry. A point I alluded to repeatedly is that the Model 3, despite a higher purchase price, may well have a lower 5 year cost of ownership than an Accord or Camry for many people. Yes, I’m sure there are some Accord and Camry buyers who couldn’t get financing for the ~$39,000 base price of a Model 3, but there are certainly many other Accord and Camry buyers who could quality for financing for a Tesla Model 3 — and then would reap financial savings over time while enjoying a much better car. But that’s all moot for the focus of this article — luxury cars
Honda and Toyota have been smart, logical choices for American car buyers for decades. Once upon a time, they were the new kids on the block and they had to prove themselves with strong “performance for the money” or “value for the money” propositions. They did so, repeatedly, and they grew their market shares as a result
At the end of August, Tesla reached the #3 spot in terms of 2019 Dutch auto sales, as Zach wrote yesterday. That was a memorable achievement for a model that started deliveries only halfway through February in earnest. But we also have September sales data for the top 3 automobiles, and September is a last-month-of-quarter month. All Tesla watchers know what that entails — the end-of-quarter delivery rush that Tesla still hasn’t gotten rid of
The Tesla Model 3 is in a class of its own. It’s quicker and more fun to drive than a BMW, safer than a Volvo, has better tech than a Mercedes, and often has a total cost of ownership similar to a Toyota Camry or Honda Accord. All of that makes it a highly competitive vehicle in several markets. Its biggest downside is that the starting price, especially in Europe, put it in the premium car class, and many consumers can’t afford a premium-class car
All my talk this week about fairy tales started with the Tesla [TSLA] bear assumption that the Tesla factory in Shanghai was a huge mistake. Lack of demand in China following all of that investment would bring inescapable bankwuptcy soon. Really soon now. Any day. Really