agent Entrepreneur logo
MenuMENU
SearchSEARCH

Tesla Passes BMW for US Luxury Sales Lead

Its 2022 deliveries were up 44%.

January 12, 2023
Tesla Passes BMW for US Luxury Sales Lead

Tesla sold 158,612 more units than German rival BMW last year, Automotive News estimates.

IMAGE: Matt Weissinger

1 min to read


 

Tesla has climbed to the top of U.S. luxury vehicle sales for the first time, surging past BMW, according to Automotive News.

The Texas-based electric vehicle maker, the EV market leader, sold 158, 612 more units than its German rival last year, the publication estimated. Mercedes ranked third in the analysis, followed by Lexus, Audi, Cadillac, Acura and Volvo.

Ad Loading...

Tesla sold an estimated 491,000 vehicles here, up 44%, becoming the first American carmaker to top U.S. luxury sales in almost 25 years, Automotive News said.

The carmaker only launched in 2003, named after Serbian-American inventor Nikola Tesla. Elon Musk became its biggest shareholder the following year.

LEARN MORE: Tesla Output Expected to Grow Throughout 2023

Originally posted on Auto Dealer Today

More Dealer Ops

Car key, stacks of coins, and a paper car cutout with AutoPayPlus logo, representing auto financing, loan terms, and vehicle affordability trends.
Dealer Opsby StaffMarch 31, 2026

Survey Reveals What Won't Fix What's Breaking Car Sales

AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.

Read More →
Headshots of two male executives
Dealer Opsby StaffMarch 24, 2026

IA American Appoints Two Execs

Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.

Read More →
Dealer Opsby Hannah MitchellAugust 26, 2025

Franchises, Throughput Down in First Half

A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.

Read More →
Ad Loading...
SalesAugust 25, 2025

How to Build a High-Performance Sales and F&I Team

Performance and profits start with people chosen and led the right way.

Read More →
Dealer Opsby Hannah MitchellAugust 19, 2025

Buy-Sells Up in Q2

Kerrigan metrics show there’s plenty of demand, though many sellers are waiting to pull the trigger.

Read More →
F&Iby StaffApril 2, 2025

DOWC Powers the Future of F&I for NESNA

Company is providing a fully integrated F&I administration model to Nissan Extended Services North America’s dealer network.

Read More →
Ad Loading...
Industryby StaffMarch 26, 2025

March New-Vehicle Sales Healthy

Despite incentive spending not keeping pace with deliveries volume, consumers make their purchases ahead of tariffs impact.

Read More →
Product & Technologyby StaffMarch 13, 2025

New DOWC Program Debuts

Hybrid solution combines benefits of reinsurance and dealer-owned warranty companies.

Read More →
Dealer OpsJanuary 15, 2025

Carryover Rate Important for Auto Retailers

Understanding how it plays into inventory risk management is an important consideration.

Read More →
Ad Loading...
Trainingby StaffJanuary 13, 2025

Dealer Survey Finds Anxieties

Kerrigan Advisors poll shows percentage of retailers expecting lower profits, valuations is on the rise.

Read More →