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Tesla accounted for 70% of these electric car sales, mostly through the release of the Tesla Model 3 in August which accounted for two-thirds of electric car sales in 2019. [ 95 ] [ 96 ] Electric vehicle sales were also stated earlier to have doubled in Australia in 2019 compared to 2018. [ 97 ]
Looking deeper into the data, the top 10 models with the steepest price drops included six hybrid and electric vehicles, with Tesla occupying three of the top five slots with the Model 3 (30.5% ...
In January 2024, the Tesla Model 3 was awarded Mid-Size Company Car of the Year by Auto Express, recognizing its efficiency, advanced technology, and cost-effectiveness for businesses. [268] In 2025, the Tesla Model 3 was named Top Rated Electric Car by Edmunds, praised for its range, performance, advanced features, and overall driving experience.
Tesla CEO Elon Musk knows what he’s up against. Last year, he admitted that BYD cars are “highly competitive these days” after a 2011 video resurfaced showing him laughing them off at the time.
Tesla was added to the S&P index on December 21, 2020; [61] it was the most valuable company ever added, and was the sixth-largest member of the index immediately after it was added. [61] [62] Tesla introduced its second mass-market vehicle in March 2019, the Model Y mid-size crossover SUV, based on the Model 3. [63] [64] Deliveries started in ...
Tesla was seeking to sell 40,000 electric vehicles worldwide in 2014, adding China, Hong Kong, Japan, and Australia to the list of countries where it exports cars, [61] but in November 2014 Tesla reduced its guidance on sales down to 33,000 units for 2014. [62] As of the 2014 model year, Tesla had a US Corporate Average Fuel Economy (CAFE) of ...