Tesla sales beating Mercedes, BMW and Audi
money.cnn.com
money.cnn.com
http://www.bmwgroup.com/e/0_0_www_bmwgroup_com/investor_rela...
Sales of the BMW1 Series totalled 53,906 units, almost equalling the previous year’s level (–0.5%). During the quarter ended 31 March 2013 we sold 109,309 units ofthe BMW 3 Series, a jump of 19.9% compared to the previous year. 85,731 BMW 5 Series vehicles were delivered to customers worldwide (+4.3%). Sales of the BMW 6 Series rose sharply to 6,174 units (+32.7%). The BMW 7 Series was handed over to 12,390 customers (–30.3%). The number of BMW Z4 sold fell to 2,982 units (–28.0%).
http://www.daimler.com/Projects/c2c/channel/documents/231271... (page 27)
http://files.shareholder.com/downloads/ABEA-4CW8X0/247559107...
But therein lies the huge growth potential for Tesla. I really doubted Tesla prior to the Model S and through the large investment they took during the bailout periods, but their strategy has proven solid and their execution near-flawless. By creating a high-end sedan, while focusing a lot of effort on making it an amazing car that happens to be electric, vs. appealing solely on its electric drivetrain, they've been able to focus on a market fully willing to take a risk on an unproven product.
Tesla's next challenge will be introducing electric cars to markets more adverse to risk and more sensitive to prices. The Chevy Volt is priced (before tax credits) closer to where the A4, Series 3, and C-class are, but I don't think anyone would compare the driving experience of a Volt to one of those European sedans.
Q1 2013 - cars sold
BMW + Mini + Rolls Royce: 448,200
Audi: 369,500
Mercedes: 341,511
Tesla: 4,750
http://beta.fool.com/sarfarazis/2013/05/08/audi-vs-mercedes-...http://www.bmwblog.com/2013/05/02/bmw-group-reports-first-qu...
The challenge going forward are many, two of which are, how to overcome brand snobbery if at all, and second, once the easy sales are gone, what then?
When they move down market the margins will be much tighter, which will put pressure on quality. At their current price point they can trade quite a bit of profit to get it right. However moving down market will increase the number of buyers, the question is do they get there before the mainstream players do. Most of the big makers have quite a line up coming in the 40k and down range.
A reference for sales numbers can be found at http://www.autoblog.com/category/by-the-numbers/
That being said, if I were in the market for a luxury car in that price range, I'd likely to choose the Tesla today over the other manufacturers.
Simply tesla's PR people earning their keep? Anyone care to speculate?
"Note: Tesla estimated as Tesla does not provide monthly sales data."