Tesla is dominating the electric vehicle sales leaderboard in the United Kingdom through 2021 so far as the company’s Model 3 continues to dominate the highly-concentrated EV market on the continent.
Tesla has been experiencing exponential growth through the past several years thanks to growing demand, improving vehicle quality, world-class EV tech, and its efforts to expand production into other markets across the world. For over a year, Tesla has established international production efforts with its first foreign manufacturing facility in China. The company continues to expand this footprint both domestically and internationally, with plans to open new production facilities in Germany and Austin, Texas, later this year.
In Europe, Tesla currently does not have an operational manufacturing plant as Giga Berlin is still under construction and could begin production in the coming months. However, demand in Europe has been supplemented by the Giga Shanghai plant in China, where Tesla has been exporting Model 3s to Europe since January. As a result of these efforts, Tesla has established itself as the manufacturer with the best-selling EV.
New data from EU-EVs shows that the Model 3 is the European Union’s most popular electric car, and it’s not necessarily a very close race. This year, Tesla has sold 27,186 Model 3 units this year, with the closest competitor being the French-built Renault Zoe, with 17,452 sales so far this year.
Volkswagen holds the 3rd, 4th, and 5th place spots with the ID.3, ID.4, and UP! EV, respectively.
?? European BEV Registrations Year-To-Date 2021
Source: available Information from 11 countries, eu.evsdotcom pic.twitter.com/cAK2zDtmSU
— Alex (@alex_avoigt) June 14, 2021
Because of Volkswagen’s strong performance in the top 5 with its three currently-offered EVs, the German automaker has established itself as the top brand in the EU, accounting for 47,878 sales so far this year. This takes up 18.1% of the total EU market share for electric vehicles, an impressive statistic. Tesla has 27,377 total registrations in the EU as a company, making it the second-most-popular EV manufacturer in the region. This means that Tesla has sold 191 additional non-Model 3 units in the EU due to the sale of Model S and Model X vehicles, most likely.
The Model Y is not currently available in Europe, as Tesla is awaiting the completion of the Giga Berlin production facility. However, there is some speculation that Tesla could begin exporting Model Y units from Shanghai to Europe in Q3 if Giga Berlin isn’t ready for production. However, these rumors have not been confirmed by Tesla directly.
NEWS: @TroyTeslike shared some info on his Patreon from his sources:
1: Tesla will start exporting Model Y from China to Europe in early Q3 2021. The reason that was mentioned was that there is a big MY order backlog in Europe and there are some delays with Giga Berlin
1/5
— Sawyer Merritt ?? (@SawyerMerritt) June 14, 2021
Europe remains a battleground for EV manufacturers as it is one of the most heavily concentrated areas for electric vehicles in the world. However, Tesla has continued to establish itself as the worldwide leader in EVs, with little to no room for competitors to make errors. Tesla seems to improve upon its product on a regular basis, increasing range or performance through its vehicle lineup, giving other companies little room to challenge Elon Musk’s company.
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
