Tesla Model 3 Sales Jump In Germany, Narrowing the Gap With Porsche

  • E-car maker’s registrations up more than 400% in first quarter
  • European sales off to fast start with rival Taycan in wings
Tesla Analyst Kallo Doesn’t See Flagging Appetite for Model 3
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Tesla Inc.’s Model 3 has jumped off the starting line in Germany, drawing the U.S. electric-car company almost even with the vaunted Porsche sports-car brand in its second month of sales.

German car registrations for Tesla rose more than five times to 2,367 vehicles in March, following the Model 3’s introduction to Europe in February. The sales total, which includes models S and X, puts Tesla just 356 vehicles shy of Volkswagen AG-owned Porsche, monthly figures from the Federal Motor Transport Authority show.