Tesla Model 3 and Model Y pricing remain unchanged during May, making 3 months of no change to UK retail pricing. Model 3 base price remains at £42,990 and Model Y at £44,990. What we did see during May was the cancellation of RHD models. Future X and S will only be Left Hand drive.
Tesla May price change – No change Read More »
Tesla just reported that the Tesla Model Y was the best-selling vehicle in Europe overall during the first quarter of the year. More bad news for the German and other European car companies as Tesla increases market share, again. Add in price cuts and the option of special versions for the UK business market as
Model Y – the top selling car in Europe Read More »
Another strong quarter for Tesla with continued sales growth of cars with total production of 440,808 units giving 44% YoY growth. With price reductions this impacted the profitability that reduced to 11.4%, a margin that most other car makers can only dream off. Energy products grew at 148% YoY to $1.5B and deployed 3,889 MWh of
The main financial details from the Q1 2023 report are as follows: $ 23.3 billion in revenue $ 0.85 profit per share (Non-GAAP) Profit per share: ~ $0.85 to $0.94 per share Revenue: ~ $23.617 billion to $24.048 billion Total Production 440,000 cars Q1-2022 Q2-2022 Q3-2022 Q4-2022 Q1-2023 YoY Model S/X production 14,218 16,411 19,935 20,613
Tesla Q1 ’23 Earnings Report: Read More »
In a surprise move Tesla UK introduced a new Model 3 variant for UK business customers. In the UK business customer have strong incentives to go electric. The value of the vehicle can be written down as cast rather than an expense, making a Tesla a great way to eat profit. And all company car
New Tesla Model for UK business Customers Read More »
Tesla in the UK is doing rather well with the Model 3 and Model Y. Both the 3 and Y have had string months: May Mode 3 month. The Model S and X are yet to ship in the refreshed state, although orders are open for them. The pricing for the cars has also changed
Tracking Tesla Pricing Read More »
Tesla released Q1 production and delivery numbers on April 2nd. Model Production Delivery Lease Model S/X 19,437 10,695 10% Model 3/Y 421,371 412,180 5% Total 440,808 422,875 5% Both numbers are quarterly records for the electric vehicle maker. Tesla delivered 405,278 in the fourth quarter of 2022 and produced 439,701 units. Those were the previous
Tesla Q1 Production Numbers Read More »
Plenty of news from the Investor day. Where to start? Full write up to follow but one short interesting feature is that Tesla plans to offer customers in Texas access to charging at home for a low price of $30 / month. This is interesting as this is a way of Tesla to be a
Tesla Investor Day Takeaway Read More »
Norway has been the leading market for electric vehicles in terms of EV market share by some margin with a number of progressive incentive programs. As more and more European counties plan to ban ICE power by 2030 or 2035, Norway is pushing ahead with a bold plan t complete the transition to 100% EVs
Model Y – Best selling car in Norway 2022 Read More »
Tesla produced over 439,000 vehicles and delivered over 405,000 vehicles in Q4. The delivery of 405,278 vehicles represents 40% Y/Y growth. The total vehicle deliveries grew 40% Y/Y to 1.31M, while production grew 47% Y/Y to 1.37M in FY22. In Q4, the EV maker produced 419,088 Model 3/Y units and 20,613 Model S/X units. 388,131
Tesla Q4 deliveries climb to over 400,000 units Read More »
