The Tesla Model 3 has claimed Edmund’s Top Rated 2021 award for Best Electric Vehicle. It marks the second-consecutive year the all-electric sedan has claimed the honor of being the best EV on the market.
Edmunds announced that the Model 3 had won the award on December 16th, stating that Tesla’s most-affordable car had once again impressed the team and had proven itself as the best electric car available to consumers.
“More EVs have come out for 2021, yet no other manufacturer to date has been able to match the all-around excellence of the Tesla Model 3,” Edmunds wrote about Tesla’s most affordable vehicle.
Edmunds Top Rated 2021 award for Best EV for the second year in a row: @Tesla Model 3 https://t.co/z2kq02z2NA pic.twitter.com/j8poQMe2Om
— Edmunds (@edmunds) December 16, 2020
Paired with affordable pricing points, the Model 3’s big claim to fame in Edmunds’ perspective is its performance specifications. It’s instant torque from the all-electric powertrain, combined with “nimble handling and impressive practicality,” is enough to win over consumers, and it has. The Model 3 has been Tesla’s most popular car since its initial release in 2017. In 2020, three years later, it has continued this trend and has been the automaker’s claim to fame in an ever-changing automotive market. Tesla even “refreshed” the car this year, adding a more efficient heat pump and refining some of the interior features.
Additionally, the sedan’s cosmetic features have revolutionized the overall appeal of what is accepted in the industry. A minimalistic interior, void of the typical knobs and buttons that traditional car interiors are consumed by, is dominated by the large, centrally-located touchscreen, which houses GPS capabilities, and what seems like an endless number of infotainment features.
Tesla’s clean exterior and minimalist interior are now preferred by luxury buyers
But, as the old saying goes, “beauty lies in the eye of the beholder.” Even if someone did not like the look of the Model 3, they certainly couldn’t ignore the highly-attractive range ratings and widely-available Supercharging network that Tesla offers owners. Tesla’s introductory Model 3 variant offers 263 miles of driving capability on a single charge. In comparison, the Long Range configuration gives owners 353 miles of traveling after plugging in until the battery pack reaches its 100% capacity. Where many EV makers fall short is in the focus of range. Performance is important, but with charging points hard to come by with other manufacturers, Tesla holds a significant advantage as the company offers over 20,000 Supercharging locations globally.
Perhaps the most impressive feat of the Model 3 thus far is its ability to fend off a quickly-growing EV market that established automakers are just now entering. While there is no indication of whether the Model 3 will hold the top spot in 2021 because of more competition heading into the market, Tesla’s tech advantage and access to extremely convenient Over-the-Air updates give some indication that the three-peat is certainly within reach.
“In the next couple of years, we’ll see more and more competition from big-name brands such as Volkswagen, but for now at least, the Tesla Model 3 remains unbeatable,” Edmunds said.
Edmunds’ full list of 2021 Top Rated Award Winners is available here.
Elon Musk
Tesla China posts strong February wholesale growth at Gigafactory Shanghai
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla China sold 58,599 vehicles wholesale in February, reflecting strong year-over-year growth. The figure includes both domestic deliveries in China and vehicles exported to international markets.
The update was shared by Tesla observers on social media platform X, citing monthly China Passenger Car Association (CPCA) data.
Tesla’s February wholesale result represents a 91% increase year over year, compared with 30,688 vehicles in February 2025. Month over month, the result was down 15.2% from January, when Tesla China recorded 69,129 wholesale units.
The February total reflects combined sales of the Model 3 and Model Y produced at Gigafactory Shanghai. The facility produces the two vehicles for both domestic sales and exports.
Gigafactory Shanghai continues to serve as Tesla’s primary vehicle export hub, supplying vehicles to markets across Asia and Europe. Data compiled by Tesla watchers shows that 18,485 vehicles were sold domestically in China in January 2026, while exports accounted for 50,644 units during the same period.
Tesla has also been extending financing programs in China as it pushes to strengthen domestic demand. The company recently extended its seven-year ultra-low-interest and five-year interest-free financing programs through March 31, marking the second extension of the promotion this year.
The financing initiative was first introduced on January 6 as a strategy aimed at offsetting higher ownership costs ahead of China’s planned 5% NEV purchase tax in 2026. The promotion was originally scheduled to expire at the end of January before being extended to February and then again through the end of the first quarter.
Tesla’s efforts come amid growing competition in China’s EV market. According to data compiled by CNEV Post, Tesla’s 2025 retail sales in China reached 625,698 vehicles, representing a 4.78% year-over-year decline. Part of that decline was linked to the Model Y changeover to its updated variant in early 2025, which temporarily reduced deliveries during the transition period.
News
Tesla Model Y L spotted on transport trucks in Australia
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
Tesla’s upcoming Model Y L has been spotted on transport trucks in Australia. Sightings of the six-seat extended wheelbase Model Y variant have been reported on social media platform X by members of the Australian Tesla community.
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
The sighting follows earlier observations by Tesla enthusiasts in Sydney, where a covered vehicle believed to be a Model Y L was spotted at a Supercharger.
The Sydney sighting drew attention after observers noted that the vehicle’s tare weight appeared to match the ADR approval listing for the Model Y L, suggesting it could indeed be the extended wheelbase variant of the electric SUV.
Tesla has previously confirmed that the Model Y L will launch in Australia and New Zealand in 2026. The confirmation was reported by techAU following a media release from Tesla Australia and New Zealand.
The Model Y L expands the existing Model Y lineup with seating for six passengers. The vehicle features a longer body compared with the standard Model Y in order to accommodate a spacious second and third row.
Tesla has opted for a 2-2-2 seating configuration instead of a traditional seven-seat layout for the Model Y L. The design includes two individual seats in the middle row to provide easier access to the third row and additional passenger space.
Tesla Australia and New Zealand has also stated that the Model Y L will be covered under the company’s updated warranty structure beginning in 2026.
Tesla has not yet announced pricing or official range figures for the Model Y L in Australia.
Elon Musk
Elon Musk shares timeframe for X Money early public access rollout
X Money is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Elon Musk has stated that X Money, the digital payments system being developed for social media platform X, is expected to enter early public access next month.
The update was shared by Musk in a post on X. “𝕏 Money early public access will launch next month,” Musk wrote in his post.
As noted in a Reuters report, X Money is being developed as a digital payment service that’s directly integrated into the X platform.
The system is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Musk has previously discussed plans to introduce payments and financial services as part of X’s broader development.
Since acquiring the platform in 2022, Musk has discussed expanding X to include a range of services such as messaging, media, and financial tools.
Elon Musk has shared his goal of transforming X into an “everything app.” During a previous podcast interview with members of the Tesla community, Musk mused about turning X into something similar to China’s WeChat, which allows users to shop, pay, communicate, and perform a variety of other tasks.
“In China, you do everything in WeChat… it’s kickass… Outside of China, there’s nothing like it, people live on one app. My idea would be like how about if we just copy WeChat,” Musk joked at the time.
To prepare for the rollout of X Money, X has partnered with payment company Visa to support the development of payment services for the platform’s users. The move could allow X to tap into the growing demand for digital and in-app financial transactions as the company builds additional services around its existing user base.