Tesla Model 3 sold nearly 160,000 vehicles in the U.S. last year, crushing all of its rivals

BEIJING, June 6 (Xinhua) — The Tesla Model 3 is the only electric car in the U.S. that can be called a “big sale” in 2019, crushing all its competitors, including the company’s other models, according tomedia reports. The Tesla Model 3 sold nearly 160,000 vehicles in the U.S. last year, according to estimates by the electric car website InsideEVs.com. While other automakers have invested billions of dollars to launch new electric models, there is still a long way to go before catching up with Tesla.  Sina U.S. stock news 6, according tomedia reports, Tesla Model 3 is the only 2019 U.S. “big sale” of electric vehicles, crushed all competitors, including the company’s other models.

Tesla Model 3 sold nearly 160,000 vehicles in the U.S. last year, crushing all of its rivals

GM’s Chevrolet Bolt and Nissan Leaf’s sales fell 8.9 percent and 16 percent, respectively, in 2019.

How are the expensive European models challenging Tesla? Porsche has just started selling the much-hyped Taycan and delivered its first 130 new cars in December. Audi e-tron sold 746 cars in December and sold only 5,369 units for the year. Jaguar Land Rover is even further behind, selling only 2,594 I-Pace SUVs.

“Perhaps Tesla’s best asset is its brand,” RBC Capital Markets analyst Joe Spak wrote in a note Friday. “

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