

News
Tesla Model 3 dominates UK, sells more units than 2nd and 3rd most popular EVs combined
An automotive dealer magazine in the United Kingdom recently released statistics that name the Tesla Model 3 as the most popular electric car in the region in April 2020, and it was not a close race.
The Model 3 shone in the UK in the first month of Q2, outselling the Jaguar I-Pace and Vauxhall Corsa by a considerable margin. In fact, if one were to combine the number of units sold of the I-Pace (367) and the Corsa (264), the number would still be less than the number of Tesla Model 3 sold (658).
The Model 3 Standard Range+ starts at about £35,000 in the UK while offering 465 kilometers, or 288 miles of range under WLTP standards. Meanwhile, the I-Pace’s range is rated for 470 kilometers, or 292 WLTP miles in the UK, and its starting price is £64,495. The Corsa is the most affordable of the three with a starting pricing point of £26,990, but it only offers 330 kilometers, or 205 miles of range.
The figures appeared on Car Dealer Magazine, a United Kingdom-based automotive publication that is sent to 10,000 UK-located dealerships every month. The magazine wrote highly of the Model 3, while highlighting the fact that the automotive industry has taken more than a 97% drop compared to April 2019 due to the ongoing pandemic.
Car Dealer Magazine wrote, “It was – somewhat predictably – a dismal month for sales of new cars, with the SMMT today announcing a 97.3 percent drop on April 2019, but sales there still were – and the Tesla Model 3 shot to the top of the table with 658 units.”
The Model 3’s presence in the UK has been notable in the past. In late 2019, a trade association had announced that diesel vehicle sales had been dropping while battery electric vehicle (BEV) sales had increased by over 228%. This charge by BEVs was led by the Model 3, which had not only become the best-selling electric vehicle in the UK but the third highest-selling vehicle in the region regardless of propulsion.
The Model 3 has picked up several awards in the UK, which include “Car of the Year,” “Best Electric Car,” “Best Company Car,” and “Best Safety” awards from the prestigious automotive magazine Parker’s Car Guides. Writers and reviewers at Parker’s called the Model 3 a “capable, likable, and extremely good to drive” vehicle.
However, the Model 3’s dominance goes far beyond the UK.
Across the globe, the slowing automotive market has affected nearly every country that records automobile sales. In China, March was perhaps the most impressive month for the Model 3. After the registrations of Tesla’s most affordable sedan slumped to just over 2,300 in February, a 450% increase occurred in March, even though the entire auto industry was slowing down by over 43%.
The Model 3 continues to prove its dominance across different countries. Even in tough times for the automotive market as a result of the COVID-19 pandemic, the Model 3 has shown an uptrend in sales in some countries. The electric sedan has remained the “top dog” in other locations thanks to affordability, performance, and range.
Elon Musk
Tesla analysts believe Musk and Trump feud will pass
Tesla CEO Elon Musk and U.S. President Donald Trump’s feud shall pass, several bulls say.

Tesla analysts are breaking down the current feud between CEO Elon Musk and U.S. President Donald Trump, as the two continue to disagree on the “Big Beautiful Bill” and its impact on the country’s national debt.
Musk, who headed the Department of Government Efficiency (DOGE) under the Trump Administration, left his post in May. Soon thereafter, he and President Trump entered a very public and verbal disagreement, where things turned sour. They reconciled to an extent, and things seemed to be in the past.
However, the second disagreement between the two started on Monday, as Musk continued to push back on the “Big Beautiful Bill” that the Trump administration is attempting to sign into law. It would, by Musk’s estimation, increase spending and reverse the work DOGE did to trim the deficit.
Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!
And they will lose their primary next year if it is the last thing I do on this Earth.
— Elon Musk (@elonmusk) June 30, 2025
President Trump has hinted that DOGE could be “the monster” that “eats Elon,” threatening to end the subsidies that SpaceX and Tesla receive. Musk has not been opposed to ending government subsidies for companies, including his own, as long as they are all abolished.
How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies
Despite this contentious back-and-forth between the two, analysts are sharing their opinions now, and a few of the more bullish Tesla observers are convinced that this feud will pass, Trump and Musk will resolve their differences as they have before, and things will return to normal.
ARK Invest’s Cathie Wood said this morning that the feud between Musk and Trump is another example of “this too shall pass:”
BREAKING: CATHIE WOOD SAYS — ELON AND TRUMP FEUD “WILL PASS” 👀 $TSLA
She remains bullish ! pic.twitter.com/w5rW2gfCkx
— TheSonOfWalkley (@TheSonOfWalkley) July 1, 2025
Additionally, Wedbush’s Dan Ives, in a note to investors this morning, said that the situation “will settle:”
“We believe this situation will settle and at the end of the day Musk needs Trump and Trump needs Musk given the AI Arms Race going on between the US and China. The jabs between Musk and Trump will continue as the Budget rolls through Congress but Tesla investors want Musk to focus on driving Tesla and stop this political angle…which has turned into a life of its own in a roller coaster ride since the November elections.”
Tesla shares are down about 5 percent at 3:10 p.m. on the East Coast.
Elon Musk
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla CEO Elon Musk is reportedly overseeing sales in North America and Europe, Bloomberg reports.

Tesla scrambled its executives around following the exit of CEO Elon Musk’s sidekick last week, Omead Afshar. Afshar was relieved of his duties as Head of Sales for both North America and Europe.
Bloomberg is reporting that Musk is now overseeing both regions for sales, according to sources familiar with the matter. Afshar left the company last week, likely due to slow sales in both markets, ending a seven-year term with the electric automaker.
Tesla’s Omead Afshar, known as Elon Musk’s right-hand man, leaves company: reports
Afshar was promoted to the role late last year as Musk was becoming more involved in the road to the White House with President Donald Trump.
Afshar, whose LinkedIn account stated he was working within the “Office of the CEO,” was known as Musk’s right-hand man for years.
Additionally, Tom Zhu, currently the Senior Vice President of Automotive at Tesla, will oversee sales in Asia, according to the report.
It is a scramble by Tesla to get the company’s proven executives over the pain points the automaker has found halfway through the year. Sales are looking to be close to the 1.8 million vehicles the company delivered in both of the past two years.
Tesla is pivoting to pay more attention to the struggling automotive sales that it has felt over the past six months. Although it is still performing well and is the best-selling EV maker by a long way, it is struggling to find growth despite redesigning its vehicles and launching new tech and improvements within them.
The company is also looking to focus more on its deployment of autonomous tech, especially as it recently launched its Robotaxi platform in Austin just over a week ago.
However, while this is the long-term catalyst for Tesla, sales still need some work, and it appears the company’s strategy is to put its biggest guns on its biggest problems.
News
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).

Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
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