The Tesla Model 3’s effect on the oil industry gets recognized by Wall St veteran

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According to (This article and its images were originally posted on January 11, 2019 at 12:03PM.)

The past year was historic for the electric car industry. In 2018, the Tesla Model 3, a car aptly dubbed by Elon Musk as a “bet-the-company” project, proved its naysayers wrong by establishing itself as the United States’ best-selling luxury vehicle with sales of 145,846 units over the year. That’s far above the sales of the next car on the list — the Lexus RX, which sold 111,641 units in 2018.

Amidst the ongoing EV revolution is the potential of a notable shift in the mindset of car buyers. With options like the Model 3 on the market, people that are shopping for cars are no longer limited to vehicles that are equipped with internal combustion engines. Gone are the days when electric cars were short-range and unappealing. With the Model 3, Tesla was able to offer a vehicle that is reasonably priced (especially in the case of the Mid Range variant), attractive, and still loaded with advanced features.


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This article and images were originally posted on [] January 11, 2019 at 12:03PM. Credit to the original author and | ESIST.T>G>S Recommended Articles Of The Day.


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