The Tesla Model 3 was thought by many to be an ailing model, especially following news of its production delays and order cancellations. However, InsideEVs estimates that Tesla sold over 17,800 units of its entry-level model in August alone, which is an unprecedented achievement in the Model 3’s history.
That puts it at the top of the EV sales chart, far ahead of its rivals. So far, the year-to-date tally stands at 55,882 units, which the publication deems as an ‘untouchable’ figure. Comparatively, the highest volume of sales ever for an electric car in a single year was back in 2014 when Nissan sold 30,200 units of the Leaf. With four months left to the end of the year, Tesla looks set to double that with the Model 3.
Comparatively, BMW only sold 418 units of the i3 (yes, that’s not a typo) in August, which is the only pure EV model it has on the roster. The combined sales for BMW passenger cars stood at 14,450 units for the month of August (13.5% down from the same month in 2017, with 16,708 units), comprised of sales from the 2, 3, 4, 5, 6 and 7 Series models, as well as the X1 and X2.
To recap, the full-electric Tesla Model 3 is priced from US$35,000 (RM145k) and comes with a range of 354 km. It has a 0-100 km/h sprint time of 5.6 seconds and a top speed of 209 km/h. An extra US$9,000 (RM37k) buys a long-range model which can stretch to 499 km, do 0-100 km/h in 5.1 seconds and top out at 225 km/h.
A higher performance AWD model with the dual motor all-wheel drive, is also available, and it accelerates from 0 to 98 km/h in 3.5 seconds. It wears a sportier look as well, wearing huge 20-inch wheels with improved brakes and lowered suspension. There’s also a carbon-fibre spoiler that helps improve stability at higher speeds.
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Problem is, each Model3 they sell is at a loss. So the more they sell, the more losses they make. They shud learn from Geely how to be automaker.
Bro apparently Munro Associates which took apart the Model 3 is money making
Model 3 ASP jumped $5k QoQ, which means 18% gross margin is reasonable at 57,500 deliveries.
ASP may jump another $5k in Q4 due to mix and higher EAP/FSD take rates, and at 80,000 deliveries, Tesla
may achieve 22% for Model 3 gross margin.
Tesla, Made in China
One giant leap for electrics. Elon’s back (again).
This is because everybody knows Tesla is pioneer in EV. Infact, everybody now wants EV. Most car manufacturers are also moving fully to EV.
Many European countries are also committed to being petrol free by 2040.
In Malaysia, Proton and Perodua, still struggling with 10 year old hybrid technology. Don’t even talk about EV yet.
Tax holiday extended in US.
Hahaha… But can’t deliver.
U mean BMW i3??
Haha… LoL
All these done without market protection.
No wonder even when they lose $750mil a quarter, they’re still in business. Without market protection they can easily fool the market.
Are u sure? Joke of the day
No protection? Search “Trump” and “tariffs”
Tesla is the new iPhone in the automotive world ! Rest in peace BMW Nokia..
But P1Geely Huawei is going up fast. Tesla ipong is feeling the breath down their necks.
With that name he shd launch an aftershave