What?s Next for Tesla, the Top-Selling Luxury Car
Last year it was reported that the Tesla Model 3 was the best selling luxury vehicle, despite manufacturing issues and reduced tax credits. Tesla beat out some of the top luxury brands such as Audi, BMW and Mercedes Binz. The electric car features some of the same comfort features as others but also excels in technology while offering an eco-friendly edge over other brands.
The reality is that the cost of luxury for Tesla is expected to decrease in the future. A variety of models and price points will meet the larger demand for electric vehicles as Tesla aims to take over the wider vehicle market, rather than just the luxury car market.
This infographic (provided by The Zebra) highlights the electric vehicle trends and reveals the top brands in some of the electric vehicle hubs of the world. To no surprise, China leads the electric market both in manufacturing and sales which may reflect their urgent need to combat record levels of air pollution. Other trends can be seen in the policies that governments are passing to encourage the adoption of electric vehicles. For Tesla, the most popular electric vehicle brand in the United States, it will need to adjust to shifting policies and meet the demands of both consumers and investors. Tesla also reported unusually high demand from Europe and China, indicating potentially massive growth in both markets.
About the author:
Amanda Tallent is a content creator who develops helpful and compelling stories. Her passion for digital...
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