It's still too early to tell if Tesla's Model 3 will be its ultimate answer to profits, experts say

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Tesla has sold a lot of Model 3s so far, but there are questions about long-term demand and competition.

Eight analysts who study Tesla and the automotive industry told Business Insider the Model 3 has been a success for the company so far, but they raised questions about long-term demand and competition. The analysts highlighted cumulative sales, rather than reviews or customer feedback, as the linchpin of the Model 3's success. But the number of Model 3s Tesla has sold so far may not be a reliable indicator of long-term demand for the vehicle.

Eight analysts who study Tesla and the automotive industry told Business Insider the Model 3 has been a success for the company so far, but they raised questions about long-term demand and competition. The analysts highlighted cumulative sales, rather than reviews or customer feedback, as the linchpin of the Model 3's success. But the number of Model 3s Tesla has sold so far may not be a reliable indicator of long-term demand for the vehicle.

 

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Model 3 a luxury vehicle..?

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