Tesla Model 3, S & X Sales In U.S. In April 2019

Tesla Model 3 sales down just slightly from March.

By: Eric Loveday

May 1, 2019 at 11:32am ET

Comment

The expected result of shifting to overseas is seen in our estimates again this month, but this doesn't mean that demand for the Model 3 has fallen.

We believe the cheapest Model 3 will soon begin to steal some would-be sales from vehicles like the Chevy Bolt, Nissan LEAF e-Plus, Hyundai Kona Electric and Kia Niro EV. But that's in the longer outlook. However, now that this version is harder to order, it may not have quite the impact we first suspected.

If you've been following the sales reports from overseas, then you're already well aware of the fact that the Model 3 has taken the European continent by storm and has left China short of car carriers. That global focus largely continues and soon will expand with the introduction of the RHD drive Model 3.