The Tesla Model 3 has been recognized by Edmunds as the Best Electric Vehicle of the Year in its 2020 #TopRated list.
Edmunds recognized the Model 3 as “unlike any other vehicle on sale, electric or ICE.” According to the publication, the all-electric sedan’s features, technology, price and driving dynamics make it an “impossible force to ignore” in the auto industry. Edmunds also stated the Model 3 was more fun to drive than other premium sedans at the same price point like the BMW 3-Series.
“For around $40,000, no other EV even comes close to matching the all-round appeal of the Model 3,” the publication wrote.
The Edmunds 2020 #TopRated best EV of the year is the @Tesla Model 3.
The Model 3 is unlike any other vehicle on sale, electric or ICE. Its features, technology, price and driving dynamics make it an impossible force to ignore. https://t.co/RPfxDAIwD0 pic.twitter.com/hv0eZ74hNM
— Edmunds (@edmunds) December 11, 2019
In 2017, Edmunds stated that the Model 3 had too many issues that made it tough to recommend to buyers. In Dan Edmunds’ initial Model 3 review, he noted the service and build quality of the vehicle were not up to par compared to the competition. “Body panel gaps are inconsistent, reflecting a lack of attention to detail, and this applies not only to our own car but even to Model 3s we’ve seen on display,” he said.
Tesla has since improved on these aspects. These improvements in production were highlighted in a recent Bloomberg poll, where 5,000 Model 3 owners were asked to give feedback on their opinions of the car. Many of those polled were impressed with Tesla’s improved build quality. Even auto industry veteran Bob Lutz, a known Tesla critic, has admitted that the Model 3’s build quality is now “world-class.”
For around $40,000, no other EV even comes close to matching the all-round appeal of the Model 3.@Tesla Model 3, Edmunds Top Rated EV of the year. pic.twitter.com/tjOe3p7rFQ
— Edmunds (@edmunds) December 11, 2019
Edmunds‘ initial review of the Model 3 also listed complaints about Tesla’s service, another aspect of the company that continues to improve. The expansion of Tesla’s mobile service units that drive to customers’ location to address maintenance and basic repairs has been well-received. In a separate edition of the Bloomberg poll of Model 3 owners, many reported improvements in the availability of appointments and increased speed of service as well.
The Model 3’s range has always been appealing to the publication, even in its initial 2017 review. While the battery performance and availability of Tesla’s Supercharger network have improved since 2017, Edmunds’ positive ratings of the vehicle’s range have only gone up. In the Model 3’s review page on Edmunds.com, the publication suggested that buyers should “strongly consider” versions with the Long Range Battery since they will “undoubtedly help as you hop from Supercharger to Supercharger on long road trips.”
Edmunds is just the next publication to rank the Model 3 as “Vehicle of the Year” in one capacity or another. Previously, the all-electric sedan was named Car of the Year by Auto Express Magazine, 2020 Car of the Year by the UK-based Parkers magazine, and was also recognized as Best Mid-sized Sedan at the 2019 Golden Steering Wheel Awards in Berlin, Germany. Edmunds‘ “2020 EV of the Year” award is yet another feather in Tesla’s cap, and it stands as additional proof that the company’s aim of fostering sustainable driving machines that offer performance and affordability is becoming more and more real.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Elon Musk
Elon Musk shares big Tesla Optimus 3 production update
According to Musk, Tesla is in the final stages of completing Optimus 3, which he described as one of the world’s most advanced humanoid robots.
Tesla CEO Elon Musk has stated that production of Optimus 3 could begin this summer. Musk shared the update in his interview at the Abundance Summit.
According to Musk, Tesla is in the final stages of completing Optimus 3, which he described as one of the world’s most advanced humanoid robots.
“We’re in the final stages of completion of Optimus 3, which is really going to be by far the most advanced robot in the world. Nothing’s even close. In fact, I haven’t even seen demos of robots that are as good as Optimus 3,” Musk said.
He also set expectations on the pace of Optimus 3’s production ramp, stating that the initial volumes of the humanoid robot will likely be very low. Musk did, however, also state that high production rates for Optimus 3 should be possible in 2027.
“I think we’ll start production on Optimus 3 this summer, but very slow at first, like sort of this classic S-curve ramp of manufacturing units versus time. And then, probably reach high volume production around summer next year,” he said.
Interestingly enough, the CEO hinted that Tesla is looking to iterate on the robot quickly, potentially releasing a new Optimus design every year.
“We’ll have Optimus 4 design complete next year. We’ll try to release a new robot design every year,” Musk stated.
Tesla has already outlined broader plans for scaling Optimus production beyond its first manufacturing line. Musk previously stated that Optimus 4 will be built at Gigafactory Texas at significantly higher production volumes.
Initial production lines for the robot are expected to be located at Tesla’s Fremont Factory, where the company plans to establish a line capable of producing up to 1 million robots per year.
A larger production ramp is expected to occur at Gigafactory Texas, where Musk has previously suggested could eventually support production of up to 10 million robots per year.
“We’re going to launch on the fastest production ramp of any product of any large complex manufactured product ever, starting with building a one-million-unit production line in Fremont. And that’s Line one. And then a ten million unit per year production line here,” Musk said previously.
The comments suggest that while Optimus 3 will likely begin production at Fremont, Tesla’s larger-scale manufacturing push could arrive with Optimus 4 at Gigafactory Texas.
Elon Musk
Tesla showcases Optimus humanoid robot at AWE 2026 in Shanghai
Tesla’s humanoid robot was presented as part of the company’s exhibit at the Shanghai electronics show.
Tesla showcased its Optimus humanoid robot at the 2026 Appliance & Electronics World Expo (AWE 2026) in Shanghai. The event opened Thursday and featured several Tesla products, including the company’s humanoid robot and the Cybertruck.
The display was reported by CNEV Post, citing information from local media outlet Cailian and on-site staff at the exhibition.
Tesla’s humanoid robot was presented as part of the company’s exhibit at the Shanghai electronics show. On-site staff reportedly stated that mass production of the robot could begin by the end of 2026.
Tesla previously indicated that it plans to manufacture its humanoid robots at scale once production begins, with its initial production line in the Fremont Factory reaching up to 1 million units annually. An Optimus production line at Gigafactory Texas is expected to produce 10 million units per year.
Tesla China previously shared a teaser image on Weibo showing a pair of highly detailed robotic hands believed to belong to Optimus. The image suggests a design with finger proportions and structures that closely resemble those of a human hand.
Robotic hands are widely considered one of the most difficult engineering challenges in humanoid robotics. For a system like Optimus to perform complex real-world tasks, from factory work to household activities, the robot would require highly advanced dexterity.
Elon Musk has previously stated that Optimus has the capability to eventually become the first real-world example of a Von Neumann machine, a self-replicating system capable of building copies of itself, even on other planets. “Optimus will be the first Von Neumann machine, capable of building civilization by itself on any viable planet,” Musk wrote in a post on X.
Tesla Energy gains UK license to sell electricity to homes and businesses
Elon Musk shares big Tesla Optimus 3 production update
