BMW Exec On Tesla’s Sale Ramp: It’s Putting Pressure On Segment

By Mark Kane Tesla results do not go unnoticed.
Rapidly growing Tesla sales put pressure on the already tough U.S. premium/luxury segment, according to Bernhard Kuhnt, CEO of BMW North America.
“Tesla is now ramping up their volumes, and it’s putting pressure on that market segment. In that environment, I’m very, very pleased to say …read more