Connect with us
Elon-musk-tesla-south-korea-president-yoon Elon-musk-tesla-south-korea-president-yoon

News

Tesla Model 3 is the most sought-after EV worldwide: analysis

(Credit: Tesla)

Published

on

 

A recent analysis quantified how much interest there is in Tesla vehicles. The study found that the Tesla Model 3 is the company’s most sought-after EV, despite the Model Y’s significant sales volume.

Gridserve analyzed Google Search data on the most searched information related to over 300 electric vehicle models. Tesla Model 3 searches from Europe, North America, and Oceania accounted for 88% of the global total, with approximately 17,654,842 searches. The Tesla Model 3’s global search volume was 19,989,872, making it the overall winner across all countries. 

All of Tesla’s vehicles made it to the top 10 most searched list in the analysis. The Tesla Model Y came in third place with almost 14 million searches, after the Kia EV6—which came in second—with more than 15.5 million searches. The Hyundai IONIQ 5 came in fourth place, followed by the Tesla Model S in fifth place. And the Porsche Taycan in sixth place beat the Tesla Model X in searches by about a million searches. 

In the United States, the Tesla Model 3 held the record for most searches, topping the list in 41 out of 50 states. The top 5 most searched EVs by state in the US might be a surprise as legacy automakers Ford and Stellantis do not make the list. Instead, the Hyundai IONIQ 5 came second, topping searches in Maine, Oregon, and Vermont. Meanwhile, the Kia EV6 topped searches in Colorado, Utah, and Washington. EV startup Rivian came in fourth place with the most searches for its R1T pickup truck in Montana and Wyoming. In fifth place was the Cadillac LYRIQ, topping the searches in Michigan. 

Advertisement
-->

Tesla’s Popularity

The results of the analysis might not directly relate to sales, but it might reveal the rising interest in electric vehicles overall, particularly specific EV models. Tesla has undoubtedly become a leader in the EV market over the past decade or more, which the results seem to reflect. The Tesla Model 3 was a big game changer for the company as it brought about massive growth worldwide for the American automaker.

The Model Y continues that spark of growth in Tesla to this day. In Q1 2023, Tesla produced 440,808 battery electric vehicles, delivering approximately 422,875 units. The Model 3 and Model Y comprised most of Tesla’s production and delivery numbers with a total of 421,371 and 412,180, respectively. Tesla produced, 19,437 Model S and Model X vehicles in the first quarter, delivering 10,695 units to customers. 

Tesla continues to drive interest in the Model 3 through upgrades. For instance, Tesla’s Project Highland has garnered attention in recent months as it is expected to introduce upgrades to the Model 3. Recently, a photo leaked online of the supposed Project Highland Model 3

Tesla is also keeping everyone on their toes with significant price cuts, which might keep searches for the Model 3 and Model Y at high levels. Tesla is expected to reduce Model 3 and Model Y prices in Hong Kong next. 

The Teslarati team would appreciate hearing from you. If you have any tips, contact me at maria@teslarati.com or via Twitter @Writer_01001101

 

Advertisement
-->

Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

Advertisement
Comments

Elon Musk

Delaware Supreme Court reinstates Elon Musk’s 2018 Tesla CEO pay package

The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla.

Published

on

Gage Skidmore, CC BY-SA 4.0 , via Wikimedia Commons

The Delaware Supreme Court has overturned a lower court ruling, reinstating Elon Musk’s 2018 compensation package originally valued at $56 billion but now worth approximately $139 billion due to Tesla’s soaring stock price. 

The unanimous decision criticized the prior total rescission as “improper and inequitable,” arguing that it left Musk uncompensated for six years of transformative leadership at Tesla. Musk quickly celebrated the outcome on X, stating that he felt “vindicated.” He also shared his gratitude to TSLA shareholders.

Delaware Supreme Court makes a decision

In a 49-page ruling Friday, the Delaware Supreme Court reversed Chancellor Kathaleen McCormick’s 2024 decision that voided the 2018 package over alleged board conflicts and inadequate shareholder disclosures. The high court acknowledged varying views on liability but agreed rescission was excessive, stating it “leaves Musk uncompensated for his time and efforts over a period of six years.”

The 2018 plan granted Musk options on about 304 million shares upon hitting aggressive milestones, all of which were achieved ahead of time. Shareholders overwhelmingly approved it initially in 2018 and ratified it once again in 2024 after the Delaware lower court struck it down. The case against Musk’s 2018 pay package was filed by plaintiff Richard Tornetta, who held just nine shares when the compensation plan was approved.

A hard-fought victory

As noted in a Reuters report, Tesla’s win avoids a potential $26 billion earnings hit from replacing the award at current prices. Tesla, now Texas-incorporated, had hedged with interim plans, including a November 2025 shareholder-approved package potentially worth $878 billion tied to Robotaxi and Optimus goals and other extremely aggressive operational milestones.

Advertisement
-->

The saga surrounding Elon Musk’s 2018 pay package ultimately damaged Delaware’s corporate appeal, prompting a number of high-profile firms, such as Dropbox, Roblox, Trade Desk, and Coinbase, to follow Tesla’s exodus out of the state. What added more fuel to the issue was the fact that Tornetta’s legal team, following the lower court’s 2024 decision, demanded a fee request of more than $5.1 billion worth of TSLA stock, which was equal to an hourly rate of over $200,000.

Delaware Supreme Court Elon Musk 2018 Pay Package by Simon Alvarez

Continue Reading

News

Tesla Cybercab tests are going on overdrive with production-ready units

Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the vehicle being reported across social media this week.

Published

on

Credit: @JT59052914/X

Tesla is ramping its real-world tests of the Cybercab, with multiple sightings of the autonomous two-seater being reported across social media this week. Based on videos of the vehicle that have been shared online, it appears that Cybercab tests are underway across multiple states.

Recent Cybercab sightings

Reports of Cybercab tests have ramped this week, with a vehicle that looked like a production-ready prototype being spotted at Apple’s Visitor Center in California. The vehicle in this sighting was interesting as it was equipped with a steering wheel. The vehicle also featured some changes to the design of its brake lights.

The Cybercab was also filmed testing at the Fremont factory’s test track, which also seemed to involve a vehicle that looked production-ready. This also seemed to be the case for a Cybercab that was spotted in Austin, Texas, which happened to be undergoing real-world tests. Overall, these sightings suggest that Cybercab testing is fully underway, and the vehicle is really moving towards production.

Production design all but finalized?

Recently, a near-production-ready Cybercab was showcased at Tesla’s Santana Row showroom in San Jose. The vehicle was equipped with frameless windows, dual windshield wipers, powered butterfly door struts, an extended front splitter, an updated lightbar, new wheel covers, and a license plate bracket. Interior updates include redesigned dash/door panels, refined seats with center cupholders, updated carpet, and what appeared to be improved legroom.

There seems to be a pretty good chance that the Cybercab’s design has been all but finalized, at least considering Elon Musk’s comments at the 2025 Annual Shareholder Meeting. During the event, Musk confirmed that the vehicle will enter production around April 2026, and its production targets will be quite ambitious. 

Advertisement
-->
Continue Reading

News

Tesla gets a win in Sweden as union withdraws potentially “illegal” blockade

As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal. 

Published

on

Andrzej Otrębski, CC BY-SA 4.0 , via Wikimedia Commons

Swedish union Vision has withdrawn its sympathy blockade against Tesla’s planned service center and showroom in Kalmar. As per recent reports, the Vision union’s planned anti-Tesla action might have been illegal. 

Vision’s decision to pull the blockade

Vision announced the blockade in early December, stating that it was targeting the administrative handling of Tesla’s facility permits in Kalmar municipality. The sympathy measure was expected to start Monday, but was formally withdrawn via documents sent to the Mediation Institute and Kalmar Municipality last week. 

As noted in a Daggers Arbete report, plans for the strike were ultimately pulled after employer group SKR highlighted potential illegality under the Public Employment Act. Vision stressed its continued backing for the Swedish labor model, though Deputy negotiation manager Oskar Pettersson explained that the Vision union and IF Metall made the decision to cancel the planned strike together.

“We will not continue to challenge the regulations,” Petterson said. “The objection was of a technical nature. We made the assessment together with IF Metall that we were not in a position to challenge the legal assessment of whether we could take this particular action against Tesla. Therefore, we chose to revoke the notice itself.”

The SKR’s warning

Petterson also stated that SKR’s technical objection to the Vision union’s planned anti-Tesla strike framed the protest as an unauthorized act. “It was a legal assessment of the situation. Both for us and for IF Metall, it is important to be clear that we stand for the Swedish model. But we should not continue to challenge the regulations and risk getting judgments that lead nowhere in the application of the regulations,” he said. 

Advertisement
-->

Vision ultimately canceled its planned blockade against Tesla on December 9. With Vision’s withdrawal, few obstacles remain for Tesla’s long-planned Kalmar site. A foreign electrical firm completed work this fall, and Tesla’s Careers page currently lists a full-time service manager position based there, signaling an imminent opening.

Continue Reading