Automobiles produced by Tesla sit dockside in Oslo, Norway, on Friday, March 15, 2019. Tesla made one of the largest deliveries yet of its new Model 3 car to Norway, one of the electric-vehicle producer's biggest markets. Photographer: Odin Jaeger/BloombergThe good news is the new Model 3 burst on to the scene in Western Europe in February, and instantly became the number one selling pure electric car.
Unfortunately for Tesla, preliminary indications point to Model 3 sales often occurring at the cost of more expensive Model S sedan and Model X SUV. The Model 3 mid-sized sedan also threatens high-end gasoline powered mid-size vehicles like the BMW 3 series, Audi A4, Mercedes C class and Jaguar XE. "The hotly anticipated car excelled during its first full month on the European market and because the best selling BEV . The Model 3 quickly outsold other big players like the Nissan Leaf and Renault Zoe, despite being more expensive and only available for a short amount of time. The performance of the Model 3 is remarkable, given we normally don’t see this kind of result until four or five months after a new car has hit the roads,” Munoz said.
Overpriced and not worth it. Much better cheaper options available
Cheaper cars sell better. That’s some deep economic analysis there.
The Tesla Model 3 have over 40 percent market share of new EVs sold this month in Norway. But Models S and X are lagging behind Jaguar I-pace and Audi E-Tron.
General rule of thumb: If you don't like something, don't buy it. It's the market for this stuff.
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