Tesla Buyers Leave Honda And Toyota Much More Often Than Other Brands via insideevs.com
. In fact, if you add the two brands together, the data shows that nearly 30 percent of the total conquests come from the two Japanese automakers.
As you can see, based on data from October 2021 through September 2022, about 15 percent of Tesla buyers came from Toyota and 13 percent from Honda. Meanwhile, nearly 7 percent came from BMW and 6 percent from Mercedes. It's interesting to learn that while it's primarily non-luxury EVs that are grabbing some of Tesla's market share thanks to the fact that they're more affordable, people are leaving some of the more affordable brands to buy a Tesla. Why?There's really no way to know for sure, but we do know that neither Toyota nor Honda has moved quickly with EVs.
On the flip side, Ford and Chevy owners that want to graduate to an EV may choose to stick with their current brand rather than consider a Tesla. Both Ford and GM already have some Tesla rivals in their lineups, and both plan to add many more in the near future. What do you think? Leave us a comment.
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