Tesla Model 3 Revenue Is #1 For U.S. Passenger Cars In August [Seeking Alpha]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Seeking Alpha
Summary In May, I wrote on Seeking Alpha that Tesla ( TSLA ) might reach $6.5B revenue this quarter and that the Model 3 might make it into the Top 20 cars sold in the US. This updated analysis arrives at an estimate of $6.78B, nearly the same. With $2B increased gross sales this quarter, if Tesla holds spending to $1B over Q2 levels, Tesla should generate a small net profit for Q3 2018. The Model 3 has already reached #18 position for all vehicles sold into the US in August 2018 (see bullet with link below to retrieve this result); #5 position for passenger cars units sold in the US (see table and link below); #7 position for passenger cars sold in Canada (see table and link below); and #1 position for passenger cars revenue generated from US sales (see discussion section in this article below, where I calculate this result) (References: For #18 above, follow this link , then click on the header titled Month twice to sort the table by top selling cars of August 2
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