Musk Sees German Car Comeback After Tesla Model Tops Sales Chart


© Bloomberg. Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., speaks during a discussion at the Satellite 2020 Conference in Washington, D.C., U.S., on Monday, March 9, 2020. The event comprises important topics facing both satellite industry and end-users, and brings together a diverse group of thought leaders to share their knowledge.


(Bloomberg) — Elon Musk expects German carmakers will mount a comeback after Tesla (NASDAQ:) Inc.’s Model 3 topped European monthly sales charts for the first time.

The Tesla chief executive officer made the prediction in a Twitter (NYSE:) reply on Tuesday. He was responding to a user summarizing a German news report that concluded Volkswagen (DE:) AG’s Golf is typically a best-selling car, and that the Model 3’s showing in September marked the end of an era for German auto manufacturers.

In a second tweet, Musk wrote: “Also, Tesla will soon be a German car manufacturer,” referring to the plant Tesla is constructing outside Berlin.

©2021 Bloomberg L.P.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.