The Tesla Model 3 remained the bestselling electric car in the United States last month by far, according to estimates from website Inside EVs. Tesla sold 10,050 Model 3s in April, the website said; the runner-up, the Toyota Prius Prime, notched only 1,399 sales.
Sales of the older Model S sedan were down significantly in April, to 825 from 2,225 in March. In April 2018 Tesla sold 1,250, according to the estimates. Tesla tends to pack deliveries into the last month of each quarter, so April-versus-March comparisons don’t necessarily indicate a fall in demand. However, Tesla had planned to be selling half a million Model 3s a year by now, so the current sales figures are cause for concern.
Batteries remain the biggest cost in electric vehicles. Musk had vowed to bring the cost down low enough to make profits but has yet to prove he can do so.
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Source: BusinessInsider - 🏆 729. / 51 Read more »