Tesla Inc TSLA overtook BMW, according to DriveTeslaCanada, to become the top-selling luxury car brand in the U.S. in 2022.
What Happened: This marked the first time Tesla had outsold BMW in the U.S. market. Tesla gradually increased its market share in the U.S. luxury car market over the past few years. This growth was largely driven by the launch of the highly popular Model 3 and Model Y electric vehicles.
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