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Next BMW i3 could be Tesla Model 3 competition

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BMW i3 competition for the Model IIICan the BMW i3 compete with the Tesla Model III? The question holds little logic. While the BMW i3 is available now, the Model III won’t be for another two years, a lifetime in electric vehicle (EV) history. However, the next generation of BMW i3 with the results of their experience could be. Tomorrow’s BMW i3 would be a much better competition to the Model III than today’s.

Tomorrow’s BMW i3 could compete with the Tesla Model III

It’s fair to say that the BMW i3 has received mixed reviews in the press. Some like it, and others vehemently dislike it. I can’t understand why. It’s a good city EV and does exactly what it was meant to do, to drive people around town with zest and very decent handling, despite its tiny wheels. After all, a BMW has to be the “ultimate driving machine”, nein? Still, many journalists wrongly pit the BMW i3 against the Tesla Model III as competition. Unless you live in a time warp, one exists now, the other won’t be out for a few years.BMW i3 competition for the Model III

By the time the Model III becomes available, the BMW i3 will be close to obsolete. It certainly won’t compete with it then. Most likely, BMW will upgrade the electric i3, as Tesla plans to do with the Roadster. I’m willing to bet the Model III will look somewhat similar to the Chrysler Dart, itself based on the right proportion of the Alfa Romeo Giulietta. It stands to reason that the second generation of BMW i3 will be a better comparison to the Model III than the current one.

Is BMW really competition for Tesla?

Of all the carmakers out there, BMW is the most progressive, at least, it has shown to be with its iDrive team. But BMW and Tesla don’t really compete in the same league. Yes, BMW sells gasoline sedans for the same price as a Tesla Model S, but those gasoline cars don’t rival the Teslas. Modern BMWs are heavy and a far cry from what made them great in the seventies and eighties, light and fun to drive. Although the i3 brings the company closer to its roots, it’s not yet a potential competition to the Model III. As far as the stunning plug-in hybrid (PHEV) BMW i8, it, too, will never be competition for the Model S. One is a high-performance, two-seat PHEV, while the other is a full out classy and powerful all-electric sedan.

BMW will collect data from its i3 and continue to listen to the feedback from its buyers. It will most likely upgrade the i3 by the time the Model III is available. Maybe by then, we can truly talk about whether the BMW i3 is competition for Tesla’s Model III, or not.

Image source: BMW

 

ALSO SEE: BMW, Nissan and Tesla to Develop Universal Charging Network?

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Ford considers drastic move with F-150 Lightning: ‘The demand is just not there’

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Credit: Ford Motor Company

Ford is considering a drastic move with its F-150 Lightning, which was the best-selling EV pickup on the market last quarter, beating out Tesla’s Cybertruck.

Ford has had a tumultuous entrance into its more expanded electric vehicle strategy over the past several years. At one point, the company was widely considered to be the most invested legacy automaker in the transition to electrification, but as the company has seen some real backtracking in terms of its sales and demand, it is cooling down its commitment.

At the end of Q3, it seemed to already be considering making some moves to cool off its EV ambitions, especially as the $7,500 EV tax credit was removed and it appeared that consumers would be less attracted to its vehicles without this sizeable discount.

Now, according to a new report from the Wall Street Journal, Ford is considering scrapping the F-150 Lightning altogether, as one employee said “the demand is just not there.”

Despite it being the best-selling EV pickup in the U.S. last quarter, the sales simply do not match up with the pricing, and financially, it is not the time to try to dive further into a project that is not making a profit. Ford has been dwindling in its commitment to EVs over the past several quarters, and its profits are reflecting a slowing interest in its electric vehicles.

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Simply put, Ford’s combustion engine lineup of pickups in the F-Series is, by far, the best-selling division of trucks globally. Ford brought an awesome product forth with the Lightning, a mirror of the gas-powered F-Series that had a variety of trim levels for whatever the truck would be used for by the consumer.

However, the demand and sales have caused Ford to take a loss on its electric truck: figures from early last year indicated it was losing between $100,000 and $132,000 per vehicle.

It is not an official announcement, as Ford has not publicly said anything regarding its plans for the Lightning at this time.

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Tesla schedules Roadster unveiling event, and you won’t believe when it is

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Tesla has tentatively scheduled its unveiling event for the Roadster’s next-generation iteration, and you will not believe the date the company picked for it.

Tesla CEO Elon Musk said during the 2025 Annual Shareholders Meeting that the company is aiming for an April 1 demo event.

Yes, April Fools’ Day.

Tesla originally aimed for its “most epic demo” to take place at the end of this year. However, the writing on the wall as 2025 winds down seemed to indicate the company was not quite ready to show off everything it plans to implement into the Roadster.

Its capabilities have been teased quite heavily throughout most of the year, but the biggest hints came last week when Musk appeared on the Joe Rogan Experience Podcast.

He said:

“Whether it’s good or bad, it will be unforgettable. My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars. I think if Peter wants a flying car, he should be able to buy one…I think it has a shot at being the most memorable product unveil ever. [It will be unveiled] hopefully before the end of the year. You know, we need to make sure that it works. This is some crazy technology in this car. Let’s just put it this way: if you took all the James Bond cars and combined them, it’s crazier than that.”

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The Roadster has been somewhat of a letdown, at least in its newest version, thus far. Tesla has routinely delayed the project, putting those who put lofty down payments on the car in a weird limbo, lost at what to do.

One notable pre-orderer cancelled his reservation last week and got in a spat with Musk about it.

Now that there is a definitive date for the Roadster unveiling, Musk and Co. should have a more definitive cutoff date for features and capabilities. Chief Designer Franz von Holzhausen said earlier this year that when they showed Musk what they had done with the Roadster, the CEO encouraged them to do even more with it.

This delayed things further.

Musk also said he believes production would begin between 12 and 18 months after the unveiling, putting it out sometime in 2027.

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Tesla (TSLA) shareholders officially approve Elon Musk’s 2025 performance award

To earn his landmark pay package, Musk would be required to lift Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade.

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Justin Pacheco, Public domain, via Wikimedia Commons

Tesla (NASDAQ:TSLA) CEO Elon Musk has officially approved his 2025 Performance Award, a landmark pay package that could make him the world’s first trillionaire and make Tesla the most valuable company in the world by a mile. 

The 2025 CEO Performance Award was officially approved by Tesla shareholders at the 2025 Annual Shareholder Meeting.

Elon Musk‘s landmark pay package

As per Tesla, more than 75% of the shareholders approved Elon Musk’s 2025 CEO Performance Award. It was then unsurprising that the approval of Elon Musk’s pay plan received overwhelming applause from the event’s attendees.

The CEO took to the stage with much enthusiasm, welcoming every shareholder to the event and dancing briefly on stage. Optimus also danced on stage smoothly, demonstrating its improved movements to much appause.

Elon Musk’s 10-year targets

To earn his 2025 CEO Performance Award, Musk would be required to grow Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade. At that level, Tesla would surpass every major public company in existence. The compensation plan also requires Tesla’s operating profit to grow from $17 billion last year to $400 billion annually. 

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Apart from leading Tesla to become the world’s biggest company in history, Musk is also required to hit several product targets for the electric vehicle maker. These include the delivery of 20 million Tesla vehicles cumulatively, 10 million active FSD subscriptions, 1 million Tesla bots delivered, and 1 million Robotaxis in operation.

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