Another financial analyst has published that Tesla will be able to ramp to huge sales levels in China. Piper analyst Alexander Potter said that if Tesla’s Model 3 market share in the United States can be replicated in China (and for the Model Y) then Tesla’s annual volume in China alone would eventually exceed 650k units.
In December, 2019, Nextbigfuture noted and agreed with a statement that China car sales for BMW and Mercedes are double their US Car sales. Doubling US sales volume for premium cars would enable Tesla to sell 700,000 to 1 million model 3s each year and around 2 million model Ys.
Tesla grabbing pickup Truck and large SUV market share with Cybertruck and Cybertruck SUV and van variants would enable sales of another 3+ million.
Tesla will be able ramp more factories China, Asia, United States and Europe.
Tesla should still be able to grow 50-80% per year with more factories and expanded factories and new vehicles.
2019 367000 2020 700000 2021 1100000 2022 1600000 2023 2500000 2024 3200000 2025 5000000 2026 7000000 2027 9000000
Tesla has a clear path to 5 million per year sales by 2025 and over 10 million by 2028.
NOTE : Writer Brian Wang of Nextbigfuture is a shareholder in Tesla
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.