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.
News
Tesla China focuses on local deliveries as Q1 enters final month
Tesla’s estimated delivery times for all variants of the Model 3 and Model Y in China were listed at just one to three weeks.
Tesla’s delivery wait times in China have dropped to some of their shortest levels in years, an apparent hint that Giga Shanghai has largely cleared its order backlog and currently has strong production capacity.
As of February 26, estimated delivery times for all variants of the Model 3 and Model Y in China were listed at just one to three weeks, as per observations of Tesla China’s official webpages by CNEV Post.
That marks a notable shift from the several-week or even two-month waits seen late last year.
The one-to-three-week delivery window suggests that Giga Shanghai is likely focusing on the local market, at least for now as the company enters the final month of the first quarter. Tesla China typically spends the first half of the quarter catering to markets that import vehicles from Giga Shanghai.
Historically, when Tesla’s wait times in China compress to their shortest levels, the company often follows with fresh market actions.
In past cycles, shortened delivery timelines were followed by promotional activity. After delivery windows narrowed to one to three weeks in early 2024, for example, Tesla later introduced an RMB 10,000 instant discount on Model Y final payments that year.
To spur local demand, Tesla recently extended its seven-year ultra-low-interest and five-year interest-free financing offers through March 31. This marks the second extension of the policy this year.
So far, posts from the Tesla community suggest that interest in the company’s vehicles among consumers in China is still strong. Videos of busy delivery centers across China have been shared on social media.
China’s competitive EV landscape has evolved as of late. With regulators discouraging aggressive price wars, automakers are increasingly leaning on financing incentives instead of direct price cuts. Major players including BYD, NIO, XPeng, and Li Auto have introduced similar loan extensions and promotional financing packages.
Elon Musk
Elon Musk’s The Boring Company closes Tunnel Vision Challenge
The Tunnel Vision Challenge invited individuals, companies, and governments to propose a tunnel project up to one mile long.
Elon Musk’s The Boring Company has officially closed submissions for its Tunnel Vision Challenge, confirming that a total of 487 entries were received before the deadline.
In a post on X, the company wrote, “Tunnel Vision Challenge is closed! 487 entries received – TBC team is excited to go through them all!” The company added that “We will select the top ~15 in the next week, and reach out with follow-up questions,” and that an “overall winner will be announced on March 23.”
The Tunnel Vision Challenge invited individuals, companies, and governments to propose a tunnel project up to one mile long with a 12-foot inner diameter. The winning entry will have its tunnel constructed free of charge.
Submissions could range from Loop passenger tunnels to freight, pedestrian, utility, or water tunnels. The only requirement was that the project clearly demonstrate how tunneling would meaningfully improve transportation or infrastructure between two points.
Just days before the deadline, the company provided an interim update noting that 407 entries had already been received. “Update on the Tunnel Vision Challenge – 1 mile of free tunnel! With 3 days left to submit, 407 entries have been received. Great to see enthusiasm for tunnels!” The Boring Company wrote at the time on X. By the close of submissions, the total had grown closer to 500 entries, hinting at strong interest in underground transportation solutions.
Entries are being evaluated on usefulness, stakeholder engagement, and technical, economic, and regulatory feasibility. Applicants were required to quantify projected benefits, such as time saved per rider or cost savings per shipment, and provide maps showing proposed alignments and other details. Submissions that included geotechnical or subsurface data are expected to receive additional consideration.
The Boring Company will fund the tunnel’s construction itself, though related infrastructure costs may be discussed with the winning team. The company also retains discretion to modify or cancel the challenge.
Cybertruck
Tesla confirms date when new Cybertruck trim will go up in price
Tesla has officially revealed that this price will only be available until February 28, as the company has placed a banner atop the Design Configurator on its website reflecting this.
Tesla has confirmed the date when its newest Cybertruck trim level will increase in price, after CEO Elon Musk noted that the All-Wheel-Drive configuration of the all-electric pickup would only be priced at its near-bargain level for ten days.
Last week, Tesla launched the All-Wheel-Drive configuration of the Cybertruck. Priced at $59,990, the Cybertruck featured many excellent features and has seemingly brought some demand to the pickup, which has been underwhelming in terms of sales figures over the past couple of years.
Tesla launches new Cybertruck trim with more features than ever for a low price
When Tesla launched it, many fans and current owners mulled the possibility of ordering it. However, Musk came out and said just hours after launching the pickup that Tesla would only keep it at the $59,990 price level for ten days.
What it would be priced at subsequently was totally dependent on how much demand Tesla felt for the new trim level, which is labeled as a “Dual Motor All-Wheel-Drive” configuration.
Tesla has officially revealed that this price will only be available until February 28, as the company has placed a banner atop the Design Configurator on its website reflecting this:
NEWS: Tesla has officially announced that the price of the new Cybertruck Dual-Motor AWD will be increasing after February 28th. pic.twitter.com/vZpA521ZwC
— Sawyer Merritt (@SawyerMerritt) February 24, 2026
Many fans and owners have criticized Tesla’s decision to unveil a trim this way, and then price it at something, only to change that price a few days later based on how well it sells.
Awful way to treat customers – particularly when they already sent out a marketing email announcing the $59,990 truck…with zero mention of it being a limited-time offer.
— Ryan McCaffrey (@DMC_Ryan) February 24, 2026
It seems the most ideal increase in price would be somewhere between $5,000 and $10,000, but it truly depends on how many orders Tesla sees for this new trim level. The next step up in configuration is the Premium All-Wheel-Drive, which is priced at $79,990.
The difference between the Dual Motor AWD Cybertruck and the Premium AWD configuration comes down to towing, interior quality, and general features. The base package is only capable of towing up to 7,500 pounds, while the Premium can handle 11,000 pounds. Additionally, the seats in the Premium build are Vegan Leather, while the base trim gets the textile seats.
It also has only 7 speakers compared to the 15 that the Premium trim has. Additionally, the base model does not have an adjustable ride height, although it does have a coil spring with an adaptive damping suspension package.
Tesla China focuses on local deliveries as Q1 enters final month
Elon Musk’s The Boring Company closes Tunnel Vision Challenge
