Tesla CEO Elon Musk has repeatedly said — including very emphatically on the last Tesla conference call — that consumer demand is not a problem at all for Tesla. It seems from his comments that there is far more consumer demand than production capacity. However, we don’t know how much more, and we don’t know how that demand is spread out geographically across the world.
The Tesla Model 3 was again the top selling car in the US in terms of revenue. For all of 2018, it was #4, just behind the Honda Accord and Honda Civic, based on our estimates.
Despite intense media scrutiny around all things Tesla, Tesla’s Model 3 has maintained its status as the #1 best selling car in the US in terms of revenue. That goes for both September and all of Q3.
Time to report the results of our poll regarding the year an electric car will first break into the top 10 of global auto sales. The votes are pretty clustered between 2017 and 2020, with 2018 being the clear winner. Still, a couple dozen of you were quite optimistic and … [continued]
