Tesla Model 3 outsells Dodge Charger & Ford Mustang in the U.S.
Category: #business  By Mateen Dalal  Date: 2020-04-06
  • share
  • Twitter
  • Facebook
  • LinkedIn

Tesla Model 3 outsells Dodge Charger & Ford Mustang in the U.S.

The Tesla Model 3, a four-door electric sedan developed by Tesla, has reportedly outsold other top selling cars such as Dodge Charger and Ford Mustang in the United States. Other comparable vehicles to the new model are a class or 3 below the Model 3.

Dodge Charger and Ford Mustang significantly lack in nearly every department as compared to the Model 3; however, they are included in the category of sporty affordable cars. In the Q1 of 2020 in the U.S., the sales of the Model 3 were higher than the sales of these two cars combined, by over 2.5 times more sales than either the Charger or Mustang.

The Ford Mustang was one of the models that recorded an increase in sales by 7% from the first quarter of 2019 to the first quarter of 2020. On the other hand, the Dodge Charger sales witnessed a decline by 10%. A notable rise in the Model 3 sales has been reported recently, with 83% hike as compared to the Q1 of 2019. Tesla also had witnessed nearly 26,000 to 27,000 more sales of Model 3 than these muscle car models in Q1 of 2020. Additionally, the model recorded around 4,000 more sales as compared to the Mustang & 7,000 more sales as compared to the Charger in the first quarter of 2019.

Rising prevalence of the Model 3 can be attributed to its higher level of performance with a similar cost of ownership across several years. It is more technologically advanced, cleaner, safer, and quicker than other models. The model is expected to observe a rise in the sales gap after the implementation of Full Self Driving/Autopilot features as well as the completed development of the Tesla’s Gigafactory in Germany.

In order to sustain in the competitive landscape among EV manufacturers, Ford also has developed the Mustang Mach-E, an all-electric vehicle, with inherently strong advantages and electric powertrain appeal.

Source credit:

https://cleantechnica.com/2020/04/05/tesla-model-3-more-sales-than-dodge-charger-ford-mustang-combined/

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Mateen Dalal    

Mateen Dalal

A qualified electronics and telecommunication engineer, Mateen Dalal embarked on his professional journey working as a quality and test engineer. Harnessing his passion for content creation however, Mateen pens down industry-rich articles for ReportsGO.com and a few o...

Read More

More News By Mateen Dalal

NHS requests urgent donations of blood plasma from COVID-19 survivors
NHS requests urgent donations of blood plasma from COVID-19 survivors
By Mateen Dalal

According to reliable sources, United Kingdom National Health Service (NHS) has filed an appeal to the individuals recuperated from novel coronavirus to donate blood plasma. The organization apparently intends to treat the people who get infected dur...

OSE Immunotherapeutics receives $228,000 to develop COVID-19 vaccine
OSE Immunotherapeutics receives $228,000 to develop COVID-19 vaccine
By Mateen Dalal

The novel coronavirus outbreak has turned out to be one of the worst disasters the world has witnessed in recent times. At times like this, pharmaceutical companies worldwide have been putting their best foot forward to find the vaccine for COVID-19....

Singapore’s ESR and Sabana REIT propose merger amid pandemic
Singapore’s ESR and Sabana REIT propose merger amid pandemic
By Mateen Dalal

Although the economic impact of the ongoing COVID-19 has significantly impacted prospects for Singapores REITs (Real Estate Investment Trusts), it seems that some resilient spots in the real estate sector will remain where they were. In the latest st...