Published on December 29, 2018 |
by Matt Pressman
29. December 2018 by Matt Pressman
Originally published on EVANNEX
against Elon Musk and his electric car company Tesla. The FUD [fear, uncertainty, and doubt] was at a historic high. Ignore it. If you break through the mess and instead according to Wired, "If you focus on Tesla, then 201
|Tesla's model 3 proved to be a game changer (Instagram: barbaratheninja )|
Although Tesla will release official numbers only in the new year, Kelley Blue Book estimates that the company will end up with about 160,000 cars sold (including models S, 3 and X) from November. "The past year was around 50,000, more than three times the revenue," says Tim Fleming, an analyst with Kelley Blue Book.
The current price point brings the latest Tesla sedan into the luxury segment of KBB, but that did not stop people buying the Model 3. "This year, it will be the top-selling luxury vehicle," says Fleming. This is against all luxury vehicles including SUVs. The next bestseller, the Mercedes C-Class, comes in seventh. In addition, Tesla sold 2.5 times more vehicles of the model 3 than BMW 3 Series.
And how does Tesla compare with his automobile brothers Wall Street? Bloomberg, "Inventories of car manufacturers in China, France, Germany, India, Japan, South Korea and the US have fallen 36 percent. … Only one of the ten most valuable automotive companies in the world sets sales records and surpasses the stock market. That would be Tesla Inc., which proves that the future works without emissions. "
" How is the rest of the industry still overwhelmed by fossil fuels? Daimler AG, the mother of Mercedes, lost a third of its value. Porsche Automobil Holding SE slipped by 23 percent. BMW AG, which calls its product "the ultimate driving machine", made shareholders 17 percent worse. Even Toyota Motor Corp., the world's number one, making everything from the popular hybrid Prius to the esteemed Lexus luxury line, has dropped 3 percent. All the giants, including General Motors Co., Ford Motor Co., and Fiat Chrysler Automobiles SA, have reported a tiny increase in sales over the past five years, a major reason they are also investors, "notes Bloomberg .  "Tesla ranked number one among the top 20 automakers in terms of market capitalization, with total returns (income plus appreciation) dwarfing the few that fell 13 percent from a year when the industry average was down 13 percent Shadows were made. Tesla also scored the highest risk-adjusted return, meaning the market says Tesla's investors have received the most compensation for price volatility, "according to Bloomberg . [Tesla'splannedexpansionintoEuropeandAsiamarketsIn2019 Forbes says, "While the big automakers are leaving the stormy financial times behind, the US electric car maker Tesla Inc. is thriving in 2019." Jefferies analyst Philippe Houchois agrees: Tesla is one of the few (manufacturers) likely to make profits in the years 2019-2020. "
Even serial Tesla Basques like (gasp !) Fox The business news give the company and its boss Elon Musk a lot of praise (YouTube: Fox Business )
According to Inverse will be the rollout of Next year, send to other continents as more consumers get on board. Scott Shepard, Senior Analyst at Navigant Research, says, "The effect here should be considerable. The Model 3 North American rollout in 2018 made it the fastest growing plug-in vehicle market. However, Shepard notes, "China is a big market for Tesla, but China's market is already so big that the Tesla effect will not be as dramatic as in North America or Europe.