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Tesla just outsold Mercedes-Benz in the US for the first time

Earlier this month, Tesla said it delivered 83,500 vehicles worldwide during the September quarter, “ more than 80% of the vehicles that we delivered in all of 2017.”

 

Those vehicles were Model 3s

As many as 55,840 of those vehicles were Model 3s, a number twice what Tesla had delivered in all its previous quarters combined.

All of that is very timely good news for Musk, the Tesla founder and CEO, as he prepares to comply with a US Securities and Exchange settlement that requires him to step down as the chairman of Tesla’s board of directors and pay a $20 million fine.

Tesla sold 69,925 vehicles

In the third quarter this year, Tesla sold 69,925 vehicles in the US. Mercedes-Benz sold 66,542.

It’s taken just eight years for Elon Musk’s upstart electric-vehicle startup to topple the company that invented the car 132 years ago.

 

Just Behind BMW

And according to Atherton Research, Tesla was just 1,754 vehicles shy of knocking over the other German giant, BMW.

 

Tesla Stock Price at Business Insider.

 

StockX raised 110m at 1b valuation

Updated: June 30, 2019 — 10:12 am
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