Browsing: VW

Volkswagen’s ID.3 hatchback rose to the top of Europe’s electric-car sales charts a few months after hitting the market, narrowly beating a Renault model and trouncing Tesla’s Model 3.

As Tesla observers try to understand how and why the stock has tripled in a little more than three months, analysts are second-guessing the notion that the Model 3 maker will be caught anytime soon.

Tesla’s market value briefly topped $100-billion for the first time, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.