Tesla has performed well in September in Europe, new data shows. Despite skeptics and short-sellers of the electric carmaker stating that the company’s performance in the European market has been sub-par, the Model 3 was the best-selling EV in the region. Not only did it land in the top spot, but it had its best month in 2020 in September.
New data from the EV Sales Blog shows the Model 3 returned to form with a new “high-tide” month. 16,125 units of the company’s best-selling sedan were delivered to European customers, with the main points of focus being in the United Kingdom (4,800 units), Germany (2,776 units), Norway (1,116 units, its highest in 2020), and France (1,083 units).
Credit: EV Sales Blog
The surge in sales and deliveries shows that Tesla’s performance in arguably the most competitive EV market is far from weak. Despite numerous German automakers holding some of the most popular EV names, like Germany’s Volkswagen with the ID.3 and France’s Renault Zoe, the Model 3 maintained its popularity through industry-leading range and battery tech.
The Zoe finished September in second-place with 11,026 units and the VW ID.3 in third with 8,571 cars.
All of the 16,125 Model 3s that made their way to new owners were manufactured at Tesla’s Fremont production plant in Northern California. However, some of the October and November deliveries will come from Tesla’s Giga Shanghai plant in China, which will supply the continent with all-electric sedans in the coming months. For demand to be fed, Tesla required some help with exporting China-made Model 3s to Europe. A previously unwanted strategy, the shipment of 7,000 Model 3 units made their way from China to Europe earlier this week.
Tesla China holds ceremony to commemorate first 7K Model 3 exports to Europe
Interestingly, some bearish analysts have seen this as a move to keep the rumor of falling Chinese demand under wraps. However, the Model 3 continues to be delivered to over 10,000 people every month in China. Most recent figures show 11,329 units of the affordable sedan were delivered to owners in China in September.
The idea that Tesla is getting beat in the European market by domestic automakers is simply untrue. The Model 3 still sits in second place behind the Renault Zoe for Year-to-Date rankings with 57,167 cars sold, making up for 7% of the total EV market share on the continent. However, Tesla is sure to regain the first-place spot in 2021 after the Model Y begins its initial deliveries from builds at the new Giga Berlin facility. With the company’s first European production plant poised for an opening shortly, some owners have reported that Tesla has already contacted them to prepare for deliveries in Q1 or Q2 2021.
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As shorts and bearish analysts continue to portray Tesla’s performance in Europe as a weak point, the company shows no signs of slowing down in the market. A strong September shows there is more than enough demand in the continent as citizens quench their thirst for the best all-electric cars on the market today.
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
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This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
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Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk updates the SpaceX timeline for Mars
