The Tesla Model 3 Is Blowing Away The Competition

Tesla's efforts to ramp up production are paying off and the company produced more than 53,000 cars in Q1 2018, doubling its output compared to the same quarter in 2017. In a major landmark, production of the Model 3 (28,578) exceeded combined production of the Model S and X (24,671) with total deliveries to customers amounting to 40,740. The Model 3 is now outselling other small and midsize luxury car models in the U.S., according to an analysis conducted by CleanTechnica's Zachary Shahan.

He claims that the Model 3 is crushing its "competitors" in that segment with total sales of the company's mass market endeavour estimated at 16,000 vehicles. The Mercedes C-Class is the closest individual model to the Tesla Model 3 with Shahan estimating July sales of 6,029 units. Even when sales from multiple vehicle models produced by the same company are added together, the Model 3 remains untouchable. For example, July sales of the BMW 2, 3, 4 and 6 Series are expected to reach 12,811 at the end of the month while customers will get behind the wheel of 11,835 new Mercedes C, CLA, CLS and E-Class vehicles. All of that means that Tesla would command a 23 percent of the small and midsize luxury car market in July, ahead of 17 percent each for BMW and Mercedes.