When I drive daily in a sea of Prii (pl. of Prius), and I get excited when I see a few model 3's a week, I feel like it's too early to make that strong of a statement.
The lower-tier Prius' are profoundly less expensive than even the mythical base-model Model 3 (which the article points out, isn't available; Tesla has said they hope to offer the base model by the end of the year). A 2017/2018 Toyota Prius can be driven off the lot for $20,000. The Model 3s that have been sold are $40,000+. That makes A Prius Prime plug-in hybrid the most direct competitor. I trust the sales figures quoted are accurate.
But there's more to it: Price, availability, utility, and maintainability are big considerations once you leave the ultra-luxury price range (100k+) that is Tesla's core market. The Toyota wins in all these aspects, in my opinion. Where Toyota does not compete is the "status symbol" market.
The Prius is basically the best car on the market if what you care about is the combination of safety, mileage, and cost. Until the model 3 able to pass the NHTSA safety testing, I don't see Tesla being able to make any serious inroads into the core Prius demographic. FWIW this is their current 'rating':
The other thing consumers don't realize is how hard it is right now to get replacement parts for these vehicles. I have a friend who was rear ended at a stop sign who purchased a Model 3 a month ago. They have no idea when they're going to get in the replacement bumper for their vehicle.
The entire market is unpredictable and new. If you are replacing a daily driver with a Model 3 it feels like a gamble.
You're railing against a dark pattern. "Forbes" didn't write this, a "Forbes Contributor" wrote it. Much different. Here's an explanation: https://www.joshsteimle.com/writing/how-being-a-forbes-contr...
Basically they allow bloggers to publish on Forbes. Unpaid. With no pre-publish editing.
If you sell something, usually the amount you are left with declines.
Man, in Latin, prius isn't even a noun.
I live near Palo Alto and see lots of Teslas and Prii. The Teslas might be more common in parking lots along Sand Hill Road, but Prii are more common pretty much everywhere else.
Based on the evidence cited, a better conclusion would be: Tesla Model 3 is Replacing The Prius Among Wealthy Buyers.
It's a lame almost-clickbait, almost contentless article, but it's not an unreasonable conclusion. The 3 is already EVERYWHERE in the bay area, it's by far the most common car I've ever owned, and in very short order it'll be more common than the S, which has been out for, what, 6 years now? Just last night I had another 3 immediately in front of me and an S immediately behind.
What's next, Teslae?
This sounds like logical fallacy - like saying if people mostly exchange dollars for pounds at London airport exchange kiosk, pound is going to take the place of the dollar on the world's currency markets. I suspect there's not even one but multiple fallacies - the fact that Prius is traded in more than other cars does not mean most of Priuses would be replaced, or that consumers of this kind of car will always prefer Tesla to Prius or other cars (not only when they already have an old car that they want to exchange for the Tesla 3).
What's number two on the list? The BMW 3 Series, which is way more in line with what you'd expect and certainly not a "green car" by any stretch of the imagination.
I agree with you, back in the "good old days" Forbes was a respectable publication. Not any more.
It seems more likely to me than any other explanation.
I could be wrong, I just doubt that this adds up to more than the moderators being overworked and overwhelmed.
The 3 is also a generic transportation appliance, but it's a much nicer one.
I absolutely get the appeal of Tesla from a quality and technology standpoint though.
Citation? I'm considering both an EV and a hybrid for my next car.
And a lot of sense for a bunch of other things. These are higher end Model 3's, they have a pretty decent range.