Follows double-digital declines in sales of China-made vehicles.
Improved offering positioned to compete better with rival EV makers.
Kia and Volvo will lead the way with introductions of SUVs with third-row seating in coming months.
Experian data shows Tesla captured six out of 10 EV sales, slowing deliveries of other automakers’ EVs.
The Denza N7 all-electric SUV has comparable costs and features.
Still, rising competition and an uncertain economy threaten EV maker's quarter-on-quarter sales growth.
Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.
In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
For all its missteps, Tesla Inc. finally found its footing in 2018, eking out a 1.2% market share and renewing concerns shared by established manufacturers and brick-and-mortar dealers.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In