A week after it was unveiled, the Model S sedan has become the fastest selling electric car in the United States, beating out the Chevrolet Volt, the Nissan Leaf, and the Toyota Prius hybrid.
While Tesla’s Model S has been sold for just under two years, it has sold almost 6 million units since its debut, and is expected to surpass its predecessor’s sales in 2017.
But Tesla’s success may be short-lived.
The Model S is expected by most experts to sell just a third of its original volume over the next year, and by 2018, Tesla’s shares may lose some of their value.
And in the coming years, as electric vehicle sales soar, the company’s stock could begin to decline.
“Tesla will have to sell more cars than it ever has before in the next decade or two,” says Michael Hewson, an analyst at Oppenheimer & Blume.
In other words, as more and more of Tesla’s stock rises, the stock will lose its ability to be a long-term asset.
“When you look at the stock, it’s a great buy.
It’s a very good long-run investment.
But when you look back in 10 years, the value of the stock might go down a lot.”
For now, the car is a success story.
Tesla sold nearly 1.4 million vehicles last year.
Its Model S, the cheapest car on the market, sells for $69,000.
The Volt, which retails for $97,500, has nearly 6 million vehicles on its own.
But it is now more expensive than many electric cars, such as the Nissan LEAF, the Chevrolet Bolt EV, and even the BMW i3.
The price of the Leaf and Bolt EV have fallen in recent months.
Tesla’s share price fell 10% in January, and has fallen another 15% in February.
In a statement, the electric vehicle maker said it was “making the right choice to focus on its core business.”
“While we believe that the Model 3 is a key part of the company and that our core electric business is healthy, we also believe it will not be enough to overcome our market share decline,” the statement said.
In addition to the Model 2, Tesla has been working on a second, smaller electric car, the Roadster, which will be released later this year.
“We’ve been building this car for over two years now,” CEO Elon Musk told investors during a conference call in January.
“I don’t think it’s been done before.”
That announcement came after the company announced that it was considering adding an option to its Model S to sell it in the states of California, Nevada, and Oregon.
The Roadster will cost $65,000, and will be available in two different paint options, black and red.
In its announcement, Tesla noted that “the cost of building a Roadster is lower than we would have hoped to build a Model 3.”
Musk says he expects the Roadsters to sell out before the end of 2017.
While he says the company is planning for a “big wave” of demand for the new cars, he says “the real wave will be in 2018.”
Musk told reporters during a recent earnings call that the Roadstos are “a game changer” for electric vehicle makers.
He says the Roadsta is the “game changer.”
The Roadsta will be sold in both white and black paint options.
The company is aiming to have a fleet of 500 Roadstops in the US by the end.
Musk says that the company will be able to ramp up production of the Roadsts by mid-2018, and that the car will have a production capacity of about 15,000 vehicles.
The roadster is designed to make a range of speeds of up to 155 miles per hour, Musk says.
The vehicle’s battery is made of lithium ion batteries, and it is designed for longer range than conventional batteries.
Musk said that the battery technology could eventually reduce the cost of electricity for consumers, which is why the company has been developing a range-extender battery.
“The battery technology will allow us to extend the range of a vehicle up to about 500 miles, and to extend that range to about 1,000 miles,” Musk said.
“That’s a significant increase from today’s batteries.”
Tesla will also begin offering the RoadSTOPS in the first quarter of 2019, when the company says it expects to have 1 million Roadstots in the country.
The cost of the new Roadstoppers is expected at $85,000 for a new model and $100,000 when the first model is sold.
Musk has said that Tesla’s Roadstopped vehicles will be more fuel efficient than those sold by General Motors.
The electric car maker is hoping that it will sell more of its Roadstills in the same number of models.
But even if Tesla manages to sell fewer Model 3s, the price of Model S will continue