Tesla Model 3 will wipe out BMW 3 Series sales, says investor
Tesla has the ambition to sell hundreds of thousands of Model 3s per year, which would make it one of the biggest vehicle programs in the world.
If they actually achieve that, it will inevitably have a strong impact on the market and especially the mid luxury sedan segment.
Facebook millionaire turned venture capitalist Chamath Palihapitiya thinks that BMW’s 3 Series will be most impacted. He even suggested that Model 3 could wipe out sales of the popular sedan. Expand