Tesla's sales may be electrified right now.
Detroit's 'Big 3' automakers each experienced a decline in sales in February when compared to the same month last year, but Tesla Inc. (TSLA) may have bucked that trend. Tesla's sales surged 76% in February over the previous year, according to data from insideevs.com.
Tesla does not offer monthly sales figures, but insideevs.com's channel checks suggests that Tesla sold 2,485 Model 3 units, 1,125 Model S units and 875 Model X units.
Model S sales were down 36% year over over, but up 41% month to month. Model X sales were up 9% year over year and 25% month to month.
It wasn't all bad news for Ford, with sales of the company's popular F-Series of trucks seeing its best February sales in 18 years. Ford's decline was also short of RBC Capital Market's expectation of a 9.3% drop, but below the wider market's consensus estimate of a 6% decline. Ford sold 194,132 vehicles overall.
GM sold 220,905 vehicles in the month. RBC expected sales to drop just 4.9% during the month, while consensus estimates were for a 4.5% decline.
Fiat Chrysler sold 165,903 vehicles. The company's 1.4% sales decline was well above the 11% decline expected.