Submitted by spuzzz123 on February 11, 2019
I'm surprised I haven't seen any comments in the forum about the LA Times article. I don't want to post the link to give it more clicks than it deserves, but the headline is "U.S. sales of the Tesla Model 3 plunge 74% in January..." Is this a sensationalist headline? They sold 145k model 3s last year at a premium price. They're moving to Europe and presumably China to try and continue profitable sales at price point (while they work on bringing costs down). Then, once 2 years of pent up demand is satisfied -- and costs are such that they can make money selling a $30-something K version of the model 3 -- we will see what the true sustainable US market will bear.
The headline - and the article itself - makes it sound like the US has lost interest in the model 3 and Tesla may be in big trouble as a result.