Tesla Model 3 is crushing BMW, Audi and Mercedes sales

Tesla short-seller Andrew Left of Citron Research is now buying Tesla shares. The main driver for belief in Tesla is Tesla’s continued dominance of the premium electric car segment.

BMW, Audi and Mercedes sales are dropping as the Tesla Model 3 production ramps up.

Tesla has potential for huge gains in the next few years
* Gigafactory 3 in Shanghai will boost sales in China
* the Model 3 will soon enter the European market and Gigafactory 4 will open in Europe
* the upcoming Tesla Semi and Model Y
* rollout of the company’s first autonomous features with later iterations of Software V9, could allow the electric car maker to be added to the S&P 500 sometime next year.

Tesla will also start leasing its cars which will also increase sales.

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