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Tesla dominates US luxury car segment in Kelly Blue Book’s Q2 2019 Brand Watch

(Credit: Harbles/Twitter)

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The results of the Q2 2019 Kelley Blue Book Brand Watch have revealed that the United States’ luxury vehicle segment is being dominated by Tesla, particularly its most disruptive vehicle to date, the Model 3 midsize sedan. 

As per the results of KBB’s recent report, the Tesla Model 3 was the most-considered luxury model in Q2 2019, up from No.6 in the first quarter. Even the Model S, a vehicle that has seen a decline in sales amidst the ongoing ramp of the Model 3, ranked well in KBB’s study, holding the No.8 spot on the most-shopped luxury vehicle list.  

Tesla was the sixth overall most-shopped luxury brand in the United States, with 14% of luxury vehicle shoppers considering one of the company’s existing offerings when purchasing a premium vehicle. This is a notable improvement from Tesla’s first-quarter results, which saw the company ranking 10th with 8% of luxury car shoppers considering a Model 3, Model S, or Model X. 

(Credit: Kelley Blue Book)

Tesla’s results from the Q2 2019 Kelley Blue Book Brand Watch are particularly impressive, especially considering that the company encountered challenges during the second quarter. Following lower-than-expected deliveries in Q1, Tesla was hit by a wave of negative sentiments that ranged from the alleged lack of demand for the Model 3 to a plummeting stock price. If the results of the KBB report are any indication, it appears that the notable negativity that surrounded Tesla in the second quarter did little to dent the company’s reputation among car buyers. 

This is particularly notable in the fact that Tesla also dominated the list of most important factors for consumers that are looking to purchase a vehicle, with the electric car maker capturing seven first-place spots out of 12 categories outlined in the report. As per KBB’s results, Tesla was considered as the top-ranked brand for driving comfort, driving performance, technology, interior layout, exterior styling, fuel efficiency, and prestige/sophistication. 

(Credit: Kelley Blue Book)

With these results, Kelley Blue Book noted that Tesla has now grown into one of the most formidable luxury brands in the United States. “Tesla is no longer an emerging brand, it has become one of the top performing luxury brands with 8% market share,” the KBB report noted.

Ultimately, the only categories in the Q2 2019 Kelley Blue Book Brand Watch where Tesla did not place in the top three spots included ruggedness, which is so far irrelevant to the brand considering that the company has no off-road vehicle to date; as well as affordability, which is only somewhat important for the mainstream-priced Tesla Model 3. Both these categories will likely be addressed by Tesla in the near future, with the Tesla Pickup Truck potentially catering to the rugged, utilitarian market, and Model 3 prices being further optimized amidst dropping battery prices.

The full results of the Q2 2019 Kelley Blue Book Brand Watch could be found below.

2019Q2 Brand Watch Luxury Topline by Simon Alvarez on Scribd

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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Elon Musk

SpaceX Starship just nailed something it’s never done before

SpaceX’s Starship flew successfully Friday, landing both stages and deploying its first Starlink V3 satellites.

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Starship’s thirteenth test flight delivered exactly what SpaceX needed with a clean liftoff, two successful stage recoveries, and the first real payload the vehicle has ever carried to space. Booster 20 and Ship 40 lifted off at 5:51 p.m. CT from Starbase, and by the time the mission wrapped roughly an hour later, both halves of the rocket had done exactly what they were supposed to do.

Booster 20 separated from Ship 40 a few minutes into the flight and stuck a controlled splashdown in the Gulf of Mexico about six minutes after liftoff. That is a meaningful turnaround from Flight 12 in May, when the booster lost several engines during its boostback burn before a hard water landing attempt.


Starship 40’s performance was arguably the bigger win. The vehicle deployed the first 20 operational Starlink V3 satellites Starship has ever carried, then flew a suborbital arc to a landing in the Indian Ocean that SpaceX commentator Dan Huot called the company’s softest splashdown yet. “This is a dream scenario for this team that’s trying to get this heat shield data,” Huot said on the live broadcast, according to Space.com’s live coverage. “I’m a little over the moon right now. Wow. Lucky number 13.”

Unlike the mass simulators SpaceX flew on Flight 12, these were production Starlink V3 satellites, meant to extend solar arrays and antennas and attempt to link with the broader constellation before reentering minutes later. Getting real hardware through a full deploy sequence on only the second flight of the V3 generation keeps Starship on schedule for the payload work NASA is counting on for future Artemis lunar landings.

— TESLARATI (@Teslarati) July 25, 2026

The flight also arrives at a moment when SpaceX needed a win. SPCX has traded below its $135 IPO price since mid-July, as Teslarati reported when the mission slipped to Friday, and short interest has climbed to roughly a third of the tradable float. A clean flight will not fix a balance sheet, but it does answer the one question SpaceX absolutely needed answered this week: whether the fixes made after the July 16 abort would hold up under real flight conditions. They did, on both stages, on the first try after the redesign.

SpaceX has not set a target date for Flight 14, though the company has said it wants to push toward an orbital attempt on the next mission. After Friday, that goal looks a lot more within reach.

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Investor's Corner

Tesla short sellers win big after shares fall after earnings

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A red Tesla Roadster driving around a turn
(Credit: Tesla)

Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.

Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to BloombergShares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.

Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.

However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.

S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.

Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.

At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.

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