The first quarter of 2021 proved something most of the electric vehicle community probably expected: the Tesla Model 3 was the best-selling EV through the first three months of the year.
After Tesla delivered 184,800 cars in Q1, a record-setting performance in terms of the company’s individual performance, it was realized by many that the California-based automaker would not need its flagship vehicles to assist in its industry-dominating efforts. While Tesla continued routine and accelerated production of the Model 3 and Model Y, the Model S and Model X took a backseat during Q1 2021. Tesla didn’t produce the two vehicles, and CEO Elon Musk indicated that his company was still ironing out some small discrepancies in designing the two, more-expensive EVs that it offers. However, that didn’t slump demand of the Model 3 or Model Y, and the two cars made up for an overwhelming majority of the company’s Q1 delivery figures.
(Photo: Andres GE)
While Tesla’s Q1 delivery statistics were a new record in the short but storied record books that the 18-year old company has, global statistics also fell in the company’s favor. While the Model 3 has continued to dominate markets like the United States and has battled with local, affordable rivals like the Wuling HongGuang Mini EV in China, the Model 3 secured its position as the most popular EV in the world in Q1, a statistic that likely doesn’t surprise many of those who are well-versed in the world of electric vehicles.
Starting at $38,990, the Model 3 was Tesla’s first mass-market vehicle. After grinding and pushing through what Elon Musk called “Production Hell,” Tesla solved production and manufacturing shortcomings to effectively build and deliver the Model 3. The vehicle brought Tesla to the mainstream and became one of the many ways that the company introduced the idea of affordable electric passenger transport to the industry. As a result, many other carmakers have attempted to derail the Model 3’s success with their own effective and affordable EVs, but nothing has matched the performance, range, affordability, and quality of the Model 3.
According to newly-released figures from the EV Sales Blog, Tesla sold 75,888 Model 3 units in March alone, making it Earth’s most popular EV during the third month of the year. However, add January and February into the mix, and cumulative Q1 statistics also fall in favor of the affordable Model 3 sedan, accounting for 126,716 units during the first quarter of 2021. The figure accounts for 11% of the global EV market share for the year, leading the Wuling HongGuang Mini EV in second, with an impressive 96,674 units sold in Q1.
Credit: EV Sales Blog
The Model 3 wasn’t Tesla’s only claim to fame through the first quarter; the Model Y also made an appearance on the hypothetical podium with a third-place finish. The all-electric Model Y crossover has only been delivered by Tesla for a little more than a year, but its youthful timeframe didn’t attribute to any lackluster sales figures. Just a year into its campaign, the Model Y accumulated 56,064 sales in Q1 2021, a commanding lead over the fourth-place BYD Han EV, with only 21,354 units sold.
The newly-released figures are a testament to the Model 3’s sustained popularity, even nearly four years after the car began initial deliveries. Tesla’s rollout of affordable vehicles has further established its dominance in a quickly growing EV sector. With plans to begin producing even more affordable models in the future, there appears to be no ceiling on Tesla’s potential.
Tesla has made two big interior changes to several Model Y vehicles in its lineup, and the changes come just as the new model year begins production.
Last year, Tesla launched the Model Y Standard, which separated the previous models into the “Premium” category. The Standard vehicles lack several features, including more premium interior materials, acoustic-lined glass, and storage.
@teslarati There are some BIG differences between the Tesla Model Y Standard and Tesla Model Y Premium #tesla #teslamodely ♬ Sia – Xeptemper
The Model Y “Premium” trims are now getting several new upgrades, which come after the company launched a seven-seat configuration of the vehicle last night in the North American market for an upcharge of $2,500.
The new Model Y seven-seat configuration did not come with just an additional row of seating; it also came with a slew of other goodies that now come standard and were previously only available on the Model Y Performance, which was launched late last year.
All Black Headliner
The new Tesla Model Y Premium trims will now come standard with a black headliner, something that many owners have been requesting for some time.
The previous grey headliner and trim within the vehicle is now gone; it will be all black on all of the Premium trims from here on out, a welcome change:
Credit: Tesla
Larger and Higher Resolution Center Touchscreen
The center touchscreen in the new Model Y Premium configuration is now larger and has a higher resolution than the previous version.
In last year’s Model Y configurations (apart from the Performance), the center touchscreen was 15.4″. Now, Tesla has decided to go with the 16″ version across all Premium trims, which is a nice step up. It was nice to see this in the Performance, but it is really great to see Tesla include this in the Model Y’s more Premium trim levels.
Tesla Model Y Seven Seater
Tesla launched the latest iteration of the seven-seater for the Model Y on Monday night. Traditionally, the Model Y seats five passengers in total, but there were calls for a more spacious version several years ago.
Tesla released it, but it was extremely tight in the back, basically reserving those back seats for only small people or children.
Credit: Tesla
The new configuration looks to be slightly more spacious in the third row, but not as much space as most would require or want. Instead,
Elon Musk
Lufthansa Group to equip Starlink on its 850-aircraft fleet
Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release.
Lufthansa Group has announced a partnership with Starlink that will bring high-speed internet connectivity to every aircraft across all its carriers.
This means that aircraft across the group’s brands, from Lufthansa, SWISS, and Austrian Airlines to Brussels Airlines, would be able to enjoy high-speed internet access using the industry-leading satellite internet solution.
Starlink in-flight internet
Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release.
Starlink’s low-Earth orbit satellites are expected to provide significantly higher bandwidth and lower latency than traditional in-flight Wi-Fi, which should enable streaming, online work, and other data-intensive applications for passengers during flights.
Starlink-powered internet is expected to be available on the first commercial flights as early as the second half of 2026. The rollout will continue through the decade, with the entire Lufthansa Group fleet scheduled to be fully equipped with Starlink by 2029. Once complete, no other European airline group will operate more Starlink-connected aircraft.
Free high-speed access
As part of the initiative, Lufthansa Group will offer the new high-speed internet free of charge to all status customers and Travel ID users, regardless of cabin class. Chief Commercial Officer Dieter Vranckx shared his expectations for the program.
“In our anniversary year, in which we are celebrating Lufthansa’s 100th birthday, we have decided to introduce a new high-speed internet solution from Starlink for all our airlines. The Lufthansa Group is taking the next step and setting an essential milestone for the premium travel experience of our customers.
“Connectivity on board plays an important role today, and with Starlink, we are not only investing in the best product on the market, but also in the satisfaction of our passengers,” Vranckx said.
Elon Musk
Tesla locks in Elon Musk’s top problem solver as it enters its most ambitious era
The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.
Tesla has granted Senior Vice President of Automotive Tom Zhu more than 520,000 stock options, tying a significant portion of his compensation to the company’s long-term performance.
The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.
Tesla secures top talent
According to a Form 4 filing with the U.S. Securities and Exchange Commission, Tom Zhu received 520,021 stock options with an exercise price of $435.80 per share. Since the award will not fully vest until March 5, 2031, Zhu must remain at Tesla for more than five years to realize the award’s full benefit.
Considering that Tesla shares are currently trading at around the $445 to $450 per share level, Zhu will really only see gains in his equity award if Tesla’s stock price sees a notable rise over the years, as noted in a Sina Finance report.
Still, even at today’s prices, Zhu’s stock award is already worth over $230 million. If Tesla reaches the market cap targets set forth in Elon Musk’s 2025 CEO Performance Award, Zhu would become a billionaire from this equity award alone.
Tesla’s problem solver
Zhu joined Tesla in April 2014 and initially led the company’s Supercharger rollout in China. Later that year, he assumed the leadership of Tesla’s China business, where he played a central role in Tesla’s localization efforts, including expanding retail and service networks, and later, overseeing the development of Gigafactory Shanghai.
Zhu’s efforts helped transform China into one of Tesla’s most important markets and production hubs. In 2023, Tesla promoted Zhu to Senior Vice President of Automotive, placing him among the company’s core global executives and expanding his influence beyond China. He has since garnered a reputation as the company’s problem solver, being tapped by Elon Musk to help ramp Giga Texas’s vehicle production.
With this in mind, Tesla’s recent filing seems to suggest that the company is locking in its top talent as it enters its newest, most ambitious era to date. As could be seen in the targets of Elon Musk’s 2025 pay package, Tesla is now aiming to be the world’s largest company by market cap, and it is aiming to achieve production levels that are unheard of. Zhu’s talents would definitely be of use in this stage of the company’s growth.
Tesla makes two big interior changes to several Model Y vehicles
Lufthansa Group to equip Starlink on its 850-aircraft fleet
