Tesla is outselling many of its luxury rivals, but it still lags behind Mercedes, BMW, and Lexus (TSLA)

Thomson Reuters

Tesla shown on Wednesday that it”delivered almost 70,000″ cars and SUVs in the US during the third quarter of 2018. 
Tesla’s Q3 delivery overall puts the company on par with its luxury contests.
Audi, Acura, also Infiniti were outsold in the US by Tesla throughout Q3 2018. 
But, Lexus, Mercedes-Benz, also BMW sold over Tesla. 

Tesla disclosed on Wednesday that it”delivered almost 70,000″ cars and SUVs in the US during the third quarter of 2018. 

“Although we only sell Model 3, Model S and Model X, our total US deliveries in Q3 were on par with total vehicle deliveries made by our long-established premium competitors, each of which has multiple models and a vast network of dealerships,” the company said on its Q3 2018 investor letter. See the rest of the narrative at Business Insider

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Tesla’s automobile deposits decreased during the third quarter, Although it submitted a surprise profitTesla just jacked up the cost of its cheapest Model 3 at $1,000, but Additionally, It reduce the price of the next most expensive alternative Investors are ratcheting up their stakes against Tesla before its earnings report

SEE ALSO: I drove a 57,500 Tesla Model 3 for a week to Find out if it’s functional for everyday driving — here is the verdict

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