So…. I will be posting not just personal experiences but informative blog posts as well. Lets start with some Tesla news! Here goes…
The Model Y is experiencing a surge in popularity across the globe, and the latest data from Germany and Denmark highlights its growing appeal. According to the German Kba, Tesla’s sales in Germany have increased by more than 900% since January 2021, with the Model Y being announced as the best-selling EV in the country for that month. In Denmark, the Model Y became the second-best-selling car in January, selling 481 units and losing only to the Peugeot 208, which sold 527 units.
However, the Model 3 has fallen to second place in Germany, and both EVs have decreased in popularity compared to gas cars. The best-selling overall vehicle in Germany was the VW Golf, which sold over 6000 units. Despite the increase in EV sales, they only account for just over 10% of the overall vehicle market in Germany, which is a slight decrease from the previous month.
In California, the Model Y has captured 17% of the overall EV market, a significant achievement. The Model Y was the best-selling vehicle in California, with over 87,000 deliveries in 2022, while the Model 3 sold 79,000 units, making it the best-selling sedan with a 15% market share compared to the Toyota Camry’s 10.7%. In contrast, total vehicle registrations were down 7.9% in 2022, but EV registrations were up 50%.
Tesla is one of the few brands that increased its year-over-year sales in 2022 by over 54%, while other notable brands experienced a decrease in sales, such as Ford, GMC, and Hyundai. Incentives are helping to make EVs more affordable and accessible to anyone, with the goal of making them cheaper and more practical in the long term. The cheapest car that Tesla offers, the Model 3, is now priced at $43,490 due to various factors, despite originally being announced to start at $35,000. If you qualify for the new EB tax incentive, you can get $7,500 back on taxes, reducing the purchase price of the Tesla Model 3 to around $35,990. There are additional state and local incentives for electric vehicles that can further reduce the purchase price.
Tesla is focused on scaling its Full Self-Driving (FSD) and Robo taxi projects. The company’s battery day in 2020 announced new advancements in 4680 technology and the possibility of a $25,000 EV, but updates on the car have been scarce. Tesla’s 2020 Q4 update lists Robo taxi and other developments as in progress, with no updates on the $25,000 EV. However, Tesla has shared a photo of a stack of body casts, with speculation that they represent a production volume of 2 million cars this year. The body casts may be for a smaller Tesla Model or a new $25,000 EV, but Tesla’s main focus is scaling the Model Y.
Other automakers are also making progress in the EV market. Rivian’s latest software update has improved the range of the R1T and R1S, and they are expanding their Adventure Network of fast charging stations. However, Ford has cut ties with Rivian after investing $500 million in the company. Lexus has released its first EV, the RZ 450e, which is available for preorder in the US at a starting price of $59,650. Porsche is developing a new luxury EV SUV called the K1, scheduled for release in 2027, and the Porsche Boxster is scheduled for release in 2025, with a prototype spotted charging at an Ionity station in Europe.
In conclusion, the global shift towards electric vehicles is gaining momentum and fast! More updates on Tesla and all EV’s to come.
