Category: Trucking News

Tesla just calmed one of investors' biggest fears about the Model 3 (TSLA)

The report also indicated that Tesla stores that had the Model 3 on display increased foot traffic and, ultimately, sales for the Model S and Model X. One of Tesla investors' biggest fears about the Model 3, the company's first mass-market electric car, was that it would cannibalize sales of the Model S and Model X. But Tesla's fourth-quarter earnings report indicated that fear did not become a reality. The report said Tesla delivered a combined 28,425 Model S and Model X vehicles during the fourth quarter of 2017, 10% more than the company's previous record, which was set in the third quarter of 2017.


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