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GMC announces 2022 Sierra EV as next car in its goal to go green

(Credit: GMC/Twitter)

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General Motors’ GMC brand recently teased its 2022 Sierra EV, the next car in its electric vehicle lineup after the Hummer EV Pickup and the Hummer EV SUV. The Hummer EV pickup’s initial availability was Fall 2021, but deliveries are expected to start this month. Meanwhile, the Hummer EV SUV’s expected availability is early 2023.

GM did not announce an official availability date for the Sierra EV but provided a preview of the electric pickup truck’s “premium exterior lighting sequence.” The short clip of the 2022 Sierra EV reveals GM’s perspective on a “futuristic” electric truck–at least the front end of it anyway. 

The 2022 Sierra EV will launch in the company’s premium Denali trim. For perspective, the ICE 2022 GMC Sierra has a similar trim called the Denali Ultimate, which promises to be the “apex of premium and capable.”

The ICE Sierra Denali Ultimate features more than 40″ of combined digital displays that GMC notes is the most screens in its class. The top-tier trim also features refined Alpine Umber with full-grain leather seats with contrast stitching. Meanwhile, the dashboard is made of open-pore Paldao wood. Topographical map patterns of Mt. Denali’s summit are laser-etched and embossed throughout the leather and wood interior of the pickup. The vehicle also includes Denali Ultimate metal badges on the seatbacks and doors.

The ICE 2022 Sierra Denali Ultimate runs on a 6.2L V8 engine or a 3.0L Duramax Turbo Diesel engine. As for capability features, the fossil-fuel pickup includes GM’s hand-free driver-assistance technology, called Super Cruise, and Adaptive Ride Control. 

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Given the 2022 Sierra EV’s unique position to bring GMC’s lineup into the future, it may be packed with better technological innovations than its ICE counterpart, similar to how Ford rolled out several new features for the F-150 Lightning. The Sierra EV will be built on GM’s Ultium Platform and may utilize the automaker’s other new innovations. In general, it would be interesting to see General Motor’s take on a futuristic all-electric pickup. 

The Teslarati team would appreciate hearing from you. If you have any tips, reach out to me at maria@teslarati.com or via Twitter @Writer_01001101.

Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

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Tesla new vehicle registrations in China surge to 12-week high

Quarter to date, Tesla’s insurance registrations are up 33.2% sequentially.

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Credit: Tesla

Tesla saw a notable jump in weekly new vehicle registrations in China, with 17,300 units recorded from September 15 to 21.

The figure marked a 12.7% increase from the previous week’s 15,350 units and represented the highest weekly total in the past 12 weeks. 

Model Y still leads the momentum

The Model Y continued to be Tesla’s best-selling vehicle in China, with 10,340 registrations during the week. Tesla’s recently introduced Model Y L, an extended wheelbase, six-seat variant that launched on August 19, contributed 850 units as deliveries began earlier this month. The Model 3 sedan added 6,060 registrations.

Tesla China noted that customers ordering the Model Y L today can expect deliveries to begin in November, hinting at the strong demand for the newly released vehicle, as noted in a CNEV Post report.

Tesla China’s quarterly performance

Tesla’s retail sales in China totaled 57,152 units in August, down 9.9% compared with the 63,456 units from the same month last year but up 40.7% from July’s 40,617 units, as per data from the China Passenger Car Association (CPCA). Quarter to date, Tesla’s insurance registrations are up 33.2% sequentially but remain 7.8% lower year-over-year.

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Despite Tesla China’s year-to-date numbers still being 5.9% lower than the previous year’s figures, it is difficult not to be impressed with the company’s momentum this Q3 2025. With Model Y L production likely picking up steam soon, the trend of the company’s new vehicle registrations in China may very well prove to be quite interesting in the coming quarter.

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Investor's Corner

Mizuho raises Tesla (TSLA) price target on stronger 2026 outlook

Mizuho also retained Tesla’s “Outperform” rating despite short-term industry challenges.

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Credit: Tesla Europe & Middle East/X

Mizuho Securities has lifted its price target for Tesla (NASDAQ:TSLA) shares to $450 from $375, citing a more optimistic view of the electric vehicle market in 2026. 

The firm stated that potential tariff headwinds appear less severe than earlier expected, while EV production volumes are trending higher across major automakers. Mizuho also retained Tesla’s “Outperform” rating despite short-term industry challenges.

Mizuho’s take

Mizuho analysts now forecast Tesla will deliver about 1.91 million vehicles in 2026, slightly down from their previous estimate of 1.95 million but still above Wall Street consensus. The firm pointed to Tesla’s planned lower-cost “Model 2” and potential Robotaxi launches as key drivers for growth over the next two years.

“We see TSLA maintaining key leadership in the U.S. BEV market despite some near-term challenges,” Vijay Rakesh, managing director at Mizuho, wrote in a research note. 

The note also highlighted Elon Musk’s recently approved compensation package and his $1 billion stock purchase, which Mizuho believes could align incentives with Tesla’s long-term projects, as noted in a Yahoo Finance report. These include advancing autonomous driving technology and pushing development of humanoid robots, both of which remain central to Musk’s vision of the company’s future.

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Mizuho is not the only firm that has cited Tesla’s long-term projects and the company’s leadership position in the AI and auto sector. In a recent note, Piper Sandler highlighted that despite the growing number of legitimate competitors for Tesla in places like China, the company still has a foundational role in shaping the industry’s direction, particularly in areas such as battery integration, vehicle software, and AI-powered features.

Piper Sandler also noted that competitors still look to Tesla for advancements in real-world AI applications. “Building AI-enabled machines requires data, talent, chips, and engineering prowess. Tesla compares favorably vs. the Chinese on all of these fronts,,” the firm noted.

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Tesla bolsters Referral Program with big change and bigger rewards

The Tesla Referral Program offers benefits to both car buyers and existing Tesla owners, including complimentary Full Self-Driving trials, free Supercharging miles, and discounts on select purchases, such as cars.

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Credit: Tesla

Tesla has bolstered its Referral Program by offering more significant benefits for both the referrer and the referee. However, it only applies to certain vehicles in the Tesla lineup.

The Tesla Referral Program offers benefits to both car buyers and existing Tesla owners, including complimentary Full Self-Driving trials, free Supercharging miles, and discounts on select purchases, such as cars.

It changes relatively frequently, and is a great way to encourage people to buy a new car. Tesla is routinely making adjustments to it to stimulate demand, but the referral program likely does not encourage too many sales. Instead, it’s more of a reward for the referrer.

However, the latest adjustments are more substantial for both the buyer and the owner, offering pretty sizeable discounts on the purchase price of a Model S, Model X, or Cybertruck.

There are also discounts for current owners, giving them money off of all five Tesla vehicles.

Here’s the rundown of the new Referral Program awards:

  • You’ll earn $250 in Tesla Credits for each person you refer who takes delivery of a new Tesla
  • The first 10 people who order a new Model S, Model X, or Cybertruck using your referral link and take delivery will receive $1,000 off their purchase
  • When you purchase a new Model S, Model X, or Cybertruck for yourself, you’ll get $1,000 off
  • When you purchase a new Model 3 or Model Y, you’ll get $500 off
  • Limited to 10 awards

This is a pretty big discount as $1,000 off a Model S, Model X, or Cybertruck is a nice benefit to three of Tesla’s most expensive vehicles.

The additional $500 off a Model 3 or Model Y is also a nice cushion. A similar Referral Program was launched by Tesla last August.

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