Tesla remains the leader in the luxury sector of the U.S. auto market, outpacing typical leaders BMW and Mercedes-Benz by a wide margin.
Tesla’s clinching of the top premium seller spot in the auto market likely precedes a decisive win for the year over the German companies, both of which have been key players in the U.S. market for more than a decade.in the U.S., with over 4,300 of the sales taking place in Q3. The automaker cited its U.S. factory in Spartanburg, South Carolina, as part of why the company has accelerated its sales, and why it expects to grow throughout the rest of the year.
“We utilized our home field advantage,” said Shaun Bugbee, BMW North America’s head of sales. “Our inventory position will improve for Q4.”, with the Model Y leading sales in the U.S. and beyond. As the market heads into Q4, Tesla will also continue to ramp up production at its Gigafactory Texas facility opened earlier this year, and overseas at its other new factory, Giga Berlin.
Tesla will share its Q3 financial details today, October 19, in an online earnings call on the company’s
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