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Musk Sees German Car Comeback After Tesla Model Tops Sales Chart


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© 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.

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(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.

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