Tesla Model S Is The Best-Selling Luxury Car In US
Tesla may have an issue with its electric vehicles before but surprisingly, the third-quarter of 2016 turned out great for the car maker. Tesla Model S is the best-selling luxury vehicle in U.S., leading the pack with a massive difference.
Tesla Model S Sales Are Far Better Than Others
According to AutoBlog, Tesla only sold 9,156 units of Model S last year, but during the third quarter of 2016, the sales increased by 59 percent. This is four percent more than the projected figure for Q3, which is at 55 percent.
The number of sold Tesla Model S models was almost double that of the second placer, the Mercedes Benz S-Class, and more than double that of the BMW 7-Series. Other than the mentioned vehicles, no other brand sold more than 2,000 units.
BMW does not want to comment on Tesla's recent sales, Bloomberg reported. "The numbers do show that electric cars are progressing and continuing to gain in popularity. That's ultimately good for us all," BMW Spokesperson, Kenn Sparks, said in an email. Meanwhile, Mercedes Benz remained silent about the recent improvement on Model S' sales.
Tesla Model S is obviously a strong competitor on the automotive market. The electric vehicle has also conquered the SUV sales by selling more than any other luxury SUVs in the market, such as Porsche and Land Rover. However, there are still certain brands such as Mercedes Benz, BMW, Cadillac, Volvo, Audi and Lexus that Tesla needs to overcome when it comes to SUV, according to Auto Guide.
Tesla's Marketing Strategy
Tesla wanted a luxury car that can still be affordable. CEO Elon Musk had a forecast before that the company can produce 500,000 cars by 2018, then Tesla can achieve the top spot among the three categories of vehicles. With Model S' battery, it became cheaper and also environment friendly that is the reason why people are choosing the EV.
Also, Musk encourages his employees to sell many cars that they can before Tesla needs funding in order to produce another batch of cars.
Recent Survey Reveals Drivers Tend To Be Very Dangerously Lax In Semiautonomous Cars
Would you risk convenience for your own safety?
Does The Tesla Model 3 Have Its Cons?
Tesla is soon releasing the Model 3. Looking at it now, does the new EV have its cons?
Self-Driving Cars Start To Roam UK Streets
Automakers are trying to create the perfect self-driving cars. Britain wants to help the automakers to reach its goals by offering its premises as the route for their test drives.
U.S. Car Sales In April Dropped 4.7% As Carmakers Experience Market Slump
Car makers in the United States are experiencing a precipitous downhill drive with U.S. car sales in April dropping by about 4.7 percent. This market slump has been going on for four straight months.
Volkswagen, Fiat Chrysler May Reach an Agreement on Mergers Soon
Indications emerged last week at the 2017 Geneva Motor Show that Volkswagen and Fiat Chrysler may consider a merger soon. This became evident as Volkswagen CEO, Matthias Mueller, stated that he looks forward to having merger talks with Fiat Chrysler CEO Sergio Marchionne whenever the latter is ready. Both Volkswagen and Fiat Chrysler are auto rivals, but developments in the industry are forcing great auto companies to partner for consolidation purposes.
MORE IN ITECHPOST
How Scars are Formed and How to Remove It
Scar formation is a result of a biological process in skin after an injury or trauma. It is formed when the dermis layer of the skin is damaged. It is our body's way to repair tissues and organs and is a natural part of the healing process. A scar tissue is composed of the same type of collagen it is replacing with. Scars lacks elasticity compared to normal tissue. There are different degrees of scarring depending on the injury the tissue is subjected to.
Six Ways You Can Modify Your Vehicle Yourself
If you aren't happy with the way your car looks or functions, your first instinct is to go to a mechanic. It's true that a qualified mechanic can do many things you can't, and they can greatly enhance the look and function of your vehicle, but that doesn't mean you have to pay outrageous prices every time you're ready for an update!
NASA Needs to Keep Up With Today’s Context of Space Exploration, Says PPIRB
Planetary Protection Independent Review Board (PPIRB) calls NASA to update planetary protection policies
How Much is the PlayStation 5 Going to Cost You?
Multiple sources has revealed how much PlayStation 5 will be, which is launching in 2020.