Edmunds: Tesla Model S Sales Are Booming in America’s Wealthiest Zip Codes

4 years ago by Eric Loveday 12

Graphic Credit: Edmunds.com

Graphic Credit: Edmunds.com

Who’s buying the Tesla Model S?

Tesla Model S is Hot in America's Wealthiest Zip Codes

Tesla Model S is Hot in America’s Wealthiest Zip Codes

For an answer to that question, we need look no further than an exclusive article (and accompanying graphics) put out by Edmunds.

As it turns out, the Tesla Model S is the best-selling vehicle period in 8 (all in California) of America’s 25 wealthiest zip codes.

Here’s what Edmunds says:

“…it’s not as if Tesla is the most expensive car in America. In fact, there are several more extravagantly priced new cars on the market. Shouldn’t they be more popular among people buying multimillion-dollar homes?”

“In most cases, the answer is “no.” The Tesla Model S is the most registered vehicle in 2013 in 8 of the 25 most expensive zip codes in the US. That’s pretty remarkable. More so, it takes the #1 spot in more top 25 zip codes than any other vehicle.”

Edmunds strung together a spectacular post on the topic of where Model S sedans are being sold in America.  The focus is on zip codes (wealthy zip codes to be precise).

We strongly urge you to head over to Edmunds to check out the work they’ve compiled on this most interesting topic.  You’ll find more fancy graphics there, too.

*Thumbs up to Jessica Caldwell Edmunds.com Senior Analyst for her creative and investigative work done in authoring the Edmunds post titled “Drive by Numbers – Tesla Model S is the Vehicle of Choice in Many of America’s Wealthiest Zip Codes.”

Source: Edmunds

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12 responses to "Edmunds: Tesla Model S Sales Are Booming in America’s Wealthiest Zip Codes"

  1. Rick says:

    “As it turns out, the Tesla Model S is the best-selling vehicle period in 8 (all in California) of America’s 25 wealthiest zip codes.”

    All in California. Hmmm. That tells us something. Just not quite sure what.

    1. Carl Meert says:

      6 of those 8 california zip codes are in the SF Bay area, Silicon Valley.
      They are also some sparsely populated zip codes, relatively speaking for the area.
      The people who live there are technology literate, and some have even met or had direct interactions with Elon Musk.

      They are also very close to the Palo Alto/Menlo Park Tesla Showroom. Literally, Atherton is just down the street.

    2. Bret says:

      It tells us that EVs are awesome in places with inclement weather, like in CA. But, it’s nice to have a truck or an SUV in places where it rains and snows a lot.

      1. Dave R says:

        There’s a reason why the Tesla Model X is their next production vehicle…

      2. David Stone says:

        Why???

        Where I live, it rains alot and it snows alot in winter.
        I have NEVER needed an suv, and certainly not a damn truck.

        And judging by the vehicles I see everyday on the roads around here, very few others see any need either.

  2. Spec9 says:

    Now I understand why I can’t go out without seeing a Model S. I live right next door to Atherton and when I go on runs, they are through Atherton. The place is filled with VCs and silicon valley executives with Teslas.

  3. Warren says:

    In my zip code, batteries are used to start pickup trucks. 🙁

  4. scott moore says:

    Most are areas around Silicon Valley. Its where wealth and tech savvy cross over. Plus, the T has become the “new cool”, for silicon valley. That’s why it can beat more expensive cars. I’d be willing to bet you would also find those neighborhoods have the highest incidence of solar panel installations as well. Perhaps you have to live in Silicon Valley to understand why “I run my Tesla on sunlight” is the ultimate cool brag here.

    1. Warren says:

      Even the pickup driving rednecks here understand why. They say, “Man, I’d do that, if I was rich.”

      The average Joe is living from paycheck to paycheck, not making enough to use the tax breaks to save on EV’s and solar.

      1. Spec9 says:

        But this is the thing that bothers me . . . those rednecks may not easily be able to get an EV, but they CAN easily do solar PV. If they are good with their hands, they can install a solar PV system for a few thousand bucks. It has been nice to see some “Green Tea Party” folks pushing hard for the right to have net-metering.

        I think that once more of them stop having a knee-jerk reaction to those ‘liberal’ green technologies and realize that they can install their own cheap solar PV, system, we might have a big switch over to people using solar. Some of them are getting it.

        EVs . . . still pretty difficult due to the cost/range issue. But they’ve caught on pretty good in Georgia where they have a very generous tax-credit.

    2. Spec9 says:

      I run my cheap EV on sunshine. PV is dirt chip if you install it yourself. It is the high price (and/or short range) of EVs that are what is slowing down a big renewable-based electric transport revolution.

  5. ModernMarvelFan says:

    This only further proves that in order for “Green” Cars to do well, it needs to be dominating its ICE competitor in just about every performance category…

    A 200 miles EV that cost less than $35K will be the model T of electric.

    Can’t wait for the Model E to get here sooner….