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Tesla crushes other electric car makers in the Netherlands to end 2019

Tesla Model 3 (Source: Tesla)

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If electric vehicle sales can be likened to a drag race, it’s safe to say Tesla utterly slayed the competition in the Netherlands this year. The US electric car manufacturer closed Q4 with a bang by raking in 16,877 registrations and led other popular brands with a total of 30,882 electric vehicle registrations in 2019.

Toyota was in a far second with 14,824 cumulative EV (electrified) registrations in the Netherlands while Kia sold 9,369 units. Hyundai and Audi were in the middle of the pack with 8,190 and 7,699 EVs sold, respectively. Nissan sold 3,925 vehicles, while BMW registered 3,616.

Looking at the graph from EV data portal EU-EVs.com, it wasn’t an easy start for Tesla as it was trailing the competition. Registrations during Q1 were pegged at 2,747, just behind the 3,365 units of Toyota. It was the same picture for Q2 with 3,482 registrations for Tesla and 4,276 for Japanese automotive giant Toyota.

Tesla vs Other EV Manufacturers – Total Registrations 2019 in the Netherlands (Source: Eu-Evs.com)

Q3 2019 is a different story as Tesla seemingly had a boost and left the other car brands behind. It finished first during the quarter with 7,776 units and Toyota didn’t have the grip and only had 3,593 new EVs registered.

The H2 2019 uptick can be attributed to the increasing Benefit-In-Kind taxes this 2020, which spells higher costs for consumers who want to get behind the wheel of a green car. The BIK doubles to 8% as the new year starts and the price threshold also goes down to 45,000 euros.

The Tesla Model 3 was also a big factor in the success of the brand in the country. The surge of Model 3 sales in Q4 2019 was impressive at 16,289, a big jump from the Q3 sales of 7,549. The brand sold 3,360 Model 3s during Q2 and 2,702 in Q1.

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Overall, Tesla’s numbers in the Netherlands will definitely be a factor in helping the brand meet its Q4 goal of delivering 105,000 units and its yearly guidance of 360,000 to 400,000 vehicles. The country has become the biggest market of the brand in Europe, overtaking Norway before the end of 2019.

In the United States, Tesla also pushed hard to close the year with CEO Elon Musk rushing back to the Fremont Tesla Delivery Center to assist with vehicle deliveries.

Likewise, Tesla has also hit its production goal in its Gigafactory in Shanghai, rolling out 280 Made-In-China Model 3 per 10-hour shift or more than 1,500 units per week. The production is expected to ramp up as more frontline workers are added to the production line.

HT to @JPR007

A curious soul who keeps wondering how Elon Musk, Tesla, electric cars, and clean energy technologies will shape the future, or do we really need to escape to Mars.

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Tesla expands its branded ‘For Business’ Superchargers

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Credit: Francis Energy

Tesla has expanded its branded ‘For Business’ Supercharger program that it launched last year, as yet another company is using the platform to attract EV owners to its business and utilize a unique advertising opportunity.

Francis Energy of Oklahoma is launching four Superchargers in Norman, where the University of Oklahoma is located. The Superchargers, which are fitted with branding for Francis Energy, will officially open tomorrow.

It will not be the final Supercharger location that Francis Energy plans to open, the company confirmed to EVWire.

Back in early September, Tesla launched the new “Supercharger for Business” program in an effort to give businesses the ability to offer EV charging at custom rates. It would give their businesses visibility and would also cater to employees or customers.

“Purchase and install Superchargers at your business,” Tesla wrote on a page on its website for the new program. “Superchargers are compatible with all electric vehicles, bringing EV drivers to your business by offering convenient, reliable charging.”

The first site opened in Land O’ Lakes, Florida, which is Northeast of Tampa, as a company called Suncoast launched the Superchargers for local EV owners.

Tesla launches its new branded Supercharger for Business with first active station

The program also does a great job at expanding infrastructure for EV owners, which is something that needs to be done to encourage more people to purchase Teslas and other electric cars.

Francis Energy operates at least 14 EV charging locations in Oklahoma, spanning from Durant to Oklahoma City and nearly everywhere in between. Filings from the company, listed by Supercharge.info, show the company’s plans to convert some of them to Tesla Superchargers, potentially utilizing the new Supercharger for Business program to advertise.

Moving forward, more companies will likely utilize Tesla’s Supercharger for Business program as it presents major advantages in a variety of ways, especially with advertising and creating a place for EV drivers to gain range in their cars.

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Tesla Cybercab ‘breakdown’ image likely is not what it seems

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Credit: TslaChan | X

Tesla Cybercab is perhaps the most highly-anticipated project that the company plans to roll out this year, and as it is undergoing its testing phase in pre-production currently, there are some things to work through with it.

Over the weekend, an image of the Cybercab being loaded onto a tow truck started circulating on the internet, and people began to speculate as to what the issue could be.

The Cybercab can clearly be seen with a Police Officer and perhaps the tow truck driver by its side, being loaded onto, or even potentially unloaded from, the truck.

However, it seems unlikely it was being offloaded, as its operation would get it to this point for testing to begin with.

It appears, at first glance, that it needs assistance getting back to wherever it came from; likely Gigafactory Texas or potentially a Bay Area facility.

The Cybercab was also spotted in Buffalo, New York, last week, potentially undergoing cold-weather testing, but it doesn’t appear that’s where this incident took place.

It is important to remember that the Cybercab is currently undergoing some rigorous testing scenarios, which include range tests and routine public road operation. These things help Tesla assess any potential issue the vehicle could run into after it starts routine production and heads to customers, or for the Robotaxi platform operation.

This is not a one-off issue, either. Tesla had some instances with the Semi where it was seen broken down on the side of a highway three years ago. The all-electric Semi has gone on to be successful in its early pilot program, as companies like Frito-Lay and PepsiCo. have had very positive remarks.

Tesla reveals its first Semi customer after launch

The Cybercab’s future is bright, and it is important to note that no vehicle model has ever gone its full life without a breakdown. It happens, it’s a car.

Nevertheless, it is important to note that there has been no official word on what happened with this particular Cybercab unit, but it is crucial to remember that this is the pre-production testing phase, and these things are more constructive than anything.

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Investor's Corner

Tesla analyst teases self-driving dominance in new note: ‘It’s not even close’

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Credit: Tesla

Tesla analyst Andrew Percoco of Morgan Stanley teased the company’s dominance in its self-driving initiative, stating that its lead over competitors is “not even close.”

Percoco recently overtook coverage of Tesla stock from Adam Jonas, who had covered the company at Morgan Stanley for years. Percoco is handling Tesla now that Jonas is covering embodied AI stocks and no longer automotive.

His first move after grabbing coverage was to adjust the price target from $410 to $425, as well as the rating from ‘Overweight’ to ‘Equal Weight.’

Percoco’s new note regarding Tesla highlights the company’s extensive lead in self-driving and autonomy projects, something that it has plenty of competition in, but has established its prowess over the past few years.

He writes:

“It’s not even close. Tesla continues to lead in autonomous driving, even as Nvidia rolls out new technology aimed at helping other automakers build driverless systems.”

Percoco’s main point regarding Tesla’s advantage is the company’s ability to collect large amounts of training data through its massive fleet, as millions of cars are driving throughout the world and gathering millions of miles of vehicle behavior on the road.

This is the main point that Percoco makes regarding Tesla’s lead in the entire autonomy sector: data is King, and Tesla has the most of it.

One big story that has hit the news over the past week is that of NVIDIA and its own self-driving suite, called Alpamayo. NVIDIA launched this open-source AI program last week, but it differs from Tesla’s in a significant fashion, especially from a hardware perspective, as it plans to use a combination of LiDAR, Radar, and Vision (Cameras) to operate.

Percoco said that NVIDIA’s announcement does not impact Morgan Stanley’s long-term opinions on Tesla and its strength or prowess in self-driving.

NVIDIA CEO Jensen Huang commends Tesla’s Elon Musk for early belief

And, for what it’s worth, NVIDIA CEO Jensen Huang even said some remarkable things about Tesla following the launch of Alpamayo:

“I think the Tesla stack is the most advanced autonomous vehicle stack in the world. I’m fairly certain they were already using end-to-end AI. Whether their AI did reasoning or not is somewhat secondary to that first part.”

Percoco reiterated both the $425 price target and the ‘Equal Weight’ rating on Tesla shares.

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