Tesla Leads Industry Sales Forecast With 132% QoQ Change
The chart below is interactive. You can either click the YoY% or the QoQ% header to show the data you are interested in.
Commentary
It may seem unbelievable that Tesla's sales are so much better than the rest of the industry, but you shouldn't be surprised. The following chart of sales in the first half of 2020 compared to the previous year was shared at Tesla's battery day last week.
So what caused this incredible outperformance? I attribute it to the following factors:
Paul Fosse is a Software Engineer delivering financial data marts using massively parallel databases (Exadata and GreenPlum) for a major healthcare insurer and a lifelong lover of cars. From the time I saw the 1972 Volkswagen Dasher review in Consumer Reports, I knew the industry would convert to front-wheel drive. Now I am excited to have a front-row seat to the industry's biggest transition in generations, the transition from gas and diesel cars to electric vehicles. I ordered my first EV (Nissan Leaf) in 2010 and now own a 2018 Tesla Long Range Model 3 and have a Cybertruck and a Model Y on order. Contact me on Twitter at Paul Fosse with tips for new stories. Full disclosure, I'm a Tesla Shareholder.
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