Tesla storms by BMW to take early luxury crown in U.S.

According to new registration data from Experian, Tesla topped the U.S. luxury vehicle market, taking the top spot from BMW. Unsurprisingly, Tesla’s price cut at the beginning of the year, which slashed $13,000 off of the Model Y and thousands off the Model 3, significantly affected demand. This effect was first prominently seen in China, as … Continue reading Tesla storms by BMW to take early luxury crown in U.S.