News Formal

BMW should be scared of Tesla, according to a survey of 5,000 Model 3 owners - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

BMW should be scared of Tesla, according to a survey of 5,000 Model 3 owners

. And the Model 3 commands a higher average price than the 3 Series , according to Bloomberg's estimate and data cited from Edmunds.

But BMW still outsells Tesla overall, both in the US and globally, and earns much higher profit margins than the electric-car maker, which has not yet made an annual profit.about Bloomberg's survey, Business Insider's Matthew DeBord cited BMW's healthy profit margins, wide variety of vehicle offerings, and stable US market share as reasons why BMW is not threatened by Tesla.

. You can ask for more secure methods of communication, like Signal or ProtonMail, by email or Twitter direct message.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's why the Tesla-BMW comparison doesn't make business senseBloomberg surveyed 5,000 Tesla Model 3 owners and concluded that BMW has something to worry about. But BMW has nothing to worry about. ... said one rambling looney.
Source: BusinessInsider - 🏆 729. / 51 Read more »