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Tesla Motors Inc Model 3 Customers Lured by Toyota Motor Corporation

Tesla Motors Inc Model 3 Customers Lured by Toyota Motor Corporation

Published By: Angela Campbell on September 8, 2016 12:04 pm ESTTesla Motors Inc. (NASDAQ:TSLA) caught the entire auto industry with surprise with its first mass market vehicle, the Model 3, whose reservation numbers have skyrocketed to over 373,000.While traditional automakers cannot offer what Tesla can within the $35,000-price range, they are trying to tap the large pool of potential customers for the compact sedan on the mere basis of availability.After Nissan and BMW, Electrek reported that now Toyota Motor Corp (ADR) (NYSE:TM) is trying to lure the Model 3 reservation holders with Toyota Mirai, the first hydrogen fuel cell vehicle commercially offered.

Tesla Model 3: Toyota is the latest automaker buying ads to convert Tesla reservation holders

Tesla Model 3: Toyota is the latest automaker buying ads to convert Tesla reservation holders

After BMW and Nissan, Toyota is now the third automaker directly trying to convince Tesla Model 3 reservation holders to drop their pre-orders and buy its vehicles instead.Who can blame them?Tesla created a pool of ~400,000 potential buyers of a ~$35,000 electric vehicle.

Toyota Creates Google Ads for the Mirai Targeted at Model 3 Reservation Holders

Toyota Creates Google Ads for the Mirai Targeted at Model 3 Reservation Holders

For many years, one particular Toyota model has been the synonym of environmentally friendly cars, and for good reason.We're obviously talking about the Prius, the car that did for hybrids what Tesla did for electric vehicles: it made people aware of their benefits and accept them more easily.Haha WOW #Toyota that's some pretty low trickery to snipe #tesla searches on #google .

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