Tesla has very high hopes for its midsize Model 3 sedan.
It doesn’t just hope to survive and sell enough copies to make the investment worth it—the electric carmaker plans to revolutionize the auto business by selling a hundred thousand or so every year.
That’s a lofty goal. All of those sales would have to come from somewhere… and the BMW 3 Series could be the sacrificial lamb. In fact, one investor believes sales of the 3 Series could “go to zero.” Continue reading >>>