Tesla Motors Acquires Estimated 8% Of The Luxury Car Market

The epic rise of Tesla Motors seems almost impossible to believe. Yet just a year into production of its first original design, the Model S, Tesla Motors has managed to grab 8.4% of the U.S. luxury car market. No wonder Wall St. loves Tesla.

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Tesla Motors Aiming For Performance Over Luxury

How does one define a performance car versus a luxury car? Surely one would not call the $110,000 Corvette ZR1 a “luxury” car despite its six-figure price tag. So it is that given a choice between the distinctions, a Tesla exec said that the EV maker is “competing base don performance”, aiming to build not just a great electric car, but a great car in general.

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