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New Tesla Model 3 with updated interior and exterior starts US deliveries

(Credit: David Narayan)

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New Tesla owner David Narayan recently shared a video of one of the first “refresh” Model 3s that have been delivered in the United States. As of this writing, there have been minimal to no other reports of customers receiving their refreshed Model 3 orders, particularly in the US. 

In his video’s description, Narayan said he ordered a Model 3 months ago but put it on hold because he learned he was having a baby. When he decided to make another order weeks later, the refreshed Model 3 was already available for purchase. 

“After processing the update I called Tesla and they said I wouldn’t get my car until early to mid-December. [A] sic few days later they texted me asking when I could pick it up, literally that fast. Not sure how, but it happened,” Narayan wrote.

When he picked up his new Model 3, Tesla workers told him that they had never seen the refreshed version and his was the first one they had seen in Utah. Narayan’s Model 3 SR+ was equipped with Tesla’s new Aero wheels, which are arguably. more attractive than the original Aeros that shipped with the all-electric sedan. Based on Narayan’s video, it appears that the new Aero Wheels’ more straightforward design blends well with the Model 3’s overall look.

The 2021 Model 3 had all the other features expected in the refresh, including the elegant double-console with wireless charging, the powered lift gate, and double-paned windows. Narayan noted that being inside his Model 3 could be a little eerie because it was so quiet, which may be best for the expecting father. Features like Joe Mode, which reduces the volume of sounds and alerts in the vehicle, will likely be appreciated by the new father too.

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Tesla appears to have shipped some 2021 Model 3 units to Europe, but they might not have arrived in the region yet. European reservation holders have reported receiving Model 3 vehicles that incorporate some, but not all, of the changes seen in Narayan’s 2021 version. This was highlighted in a Model 3 that was spotted in Belgium last week, which featured double-paned windows but the old center console, old Aero Wheels, and chrome trim.

The EV automaker has started exporting Model 3s from its Shanghai factory to fill some of the orders in Europe. The first batch of Model 3 exports from the Shanghai factory already had certain features from the 2021 version as well, like double-paned windows and the new “refresh” headlights. Other features, particularly the new center console in the 2021 Model 3, were not observed in the vehicles. 

Sightings of the partially refreshed Model 3s from China revealed that Giga Shanghai was ramping production for Tesla’s updated version of the all-electric sedan. Considering that a 2021 Model 3 with full refresh elements was spotted in Hong Kong by the hosts of YouTube channel 駕輛 UpCar last week, Tesla may start delivering the fully-updated vehicles worldwide soon. 

Check out Narayan’s video on his updated Model 3 in the video below.

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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.

Investor's Corner

Tesla Robotaxi execution should lead to valuation ‘far exceeding current levels’: analyst

RBC Capital bumped its price target on Tesla stock slightly from $319 to $325.

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Credit: @TerrapinTerpene/X

Tesla’s Robotaxi platform is the primary focus for the automaker currently, and based on what has been outlined by the company as goals for the project, one firm is saying that the company’s valuation should “far exceed even current levels.”

The Robotaxi is a self-driving ride-hailing service that Tesla plans to implement in current and future vehicle builds. CEO Elon Musk and other executives have said that “the vast majority of the Tesla fleet that we’ve made is capable of being a Robotaxi,” thanks to its development of Over-the-Air software updates that increase the capability of the vehicle with a simple download.

Currently, the Robotaxi platform is only active in a portion of Austin, Texas, but Tesla is expanding to other markets, including California, Nevada, Arizona, and Florida. California will be the next market to open its doors to the Tesla Robotaxi platform.

But the name of the game is execution, and that’s what Tesla is aiming for in a timely fashion. If it can come through on all of its current goals, its valuation could explode, and one firm is holding steady on that narrative as Tesla continues to work toward expanding Robotaxi.

On Tuesday, RBC Capital analysts bumped their price target on Tesla shares (NASDAQ: TSLA) to $325 from $319, primarily due to the Robotaxi expansion and its success:

“Should Tesla be successful on all of its goals, its valuation could far exceed even current levels. The Austin Robotaxi launch has been better than many feared, and the company is looking to expand in more cities.”

There are some risks to Tesla’s narrative, but they fall outside the scope of what the company can control. In relation to Robotaxi, regulatory hurdles remain. Some regions may be slower than others to give Tesla the proper licensing to operate in their jurisdiction. This could slow the pace of Robotaxi expansion, bringing some overhang to the story.

Additionally, Tesla is fending off narratives of slowing demand, and the White House’s decision to revoke the $7,500 EV tax credit from consumers could temper sales past Q3.

Nevertheless, Robotaxi is where Tesla’s true value seems to be focused. Successfully launching a driverless ride-sharing platform is where the company is putting all of its eggs, and revolutionizing passenger travel is where the focus lies.

RBC Capital’s note continued:

“Regulatory hurdles remain, however. Further, we expect the end of IRA credits and high levels of used EV inventory to pressure the auto business for the next several quarters.”

The slight price target bump puts RBC Capital’s expectations near where the stock is trading, as it is currently priced at around $320 at 9:54 a.m. on the East Coast.

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Tesla China sees new vehicle registrations rise to 10,700 last week

This represented a 7.6% increase from the 9,900 units that were registered in the previous week.

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Credit: Tesla Asia/X

Tesla China saw 10,700 new vehicle registrations in the week of July 21-27, 2025. This represented a 7.6% increase from the 9,900 units that were registered in the previous week, and it suggests that domestic demand for vehicles like the Model Y and Model 3 are holding steady. 

Tesla China’s Registrations

Despite the increase in weekly registrations, Tesla China’s current insurance registrations are still down 21.1% year over year. That being said, Q3 2025 is seeing quite a lot of momentum for Tesla, with the current quarter being 45.2% higher than Q2 2025. With 10,700 new vehicle registrations, the week ending July 27 also represented the second-highest registrations in the quarter so far. 

Tesla China does not report its weekly sales figures, though the company’s overall performance in the electric vehicle sector could be inferred from the new vehicle registrations. Fortunately, these registration figures are tracked closely by industry watchers and even automakers such as Li Auto.

Upcoming Developments

Tesla China sold a total of 71,599 vehicles wholesale in June, as per data from the China Passenger Car Association. This represents a small 0.83% increase from the 71,007 vehicles that were sold in the same period last year, and a 16.12% increase from the 61,662 vehicles that were sold wholesale in May, as noted in a CNEV Post report. Domestic sales in June were at 61,484, the second highest this year.

Tesla China’s sales in the coming months may see some improvement considering that the company is currently preparing to launch a six-seat, extended wheelbase version of its best-selling all-electric crossover called the Model Y L. The Model Y L is expected to be a true family hauler, allowing Tesla to compete more aggressively against rivals in the domestic auto market.

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Energy

Tesla Shanghai Megafactory produces 1,000th Megapack for export to Europe

The Shanghai Megafactory was able to hit this milestone less than six months after it started producing the Megapack. 

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Credit: Tesla Asia/X

Tesla Energy has announced a fresh milestone for its newest Megapack factory. As per the electric vehicle maker, the Shanghai Megafactory has successfully produced its 1,000th Megapack battery. 

The facility was able to hit this milestone less than six months after it started producing the grid-scale battery system. 

New Tesla Megapack Milestone

As per Tesla Asia in a post on its official accounts on social media platform X, the 1,000th Megapack unit that was produced at the Shanghai Megafactory would be exported to Europe. As noted in a CNEV Post report, Tesla’s energy products are currently deployed in over 65 countries and regions globally. This allows Tesla Energy to compete in energy markets that are both emerging and mature.

To commemorate the 1,000th Megapack produced at the Shanghai Megafactory, the Tesla China team posted with the grid-scale battery with celebratory balloons that spelled “Megapack 1000.” The milestone was celebrated by Tesla enthusiasts on social media, especially since the Shanghai Megafactory only started its operations earlier this year.

Quick Megafactory Ramp

The Shanghai Megafactory, similar to Tesla’s other key facilities in China, was constructed quickly. The facility started its construction on May 23, 2024, and it was hailed as Tesla’s first entry storage project outside the United States. Less than a year later, on February 11, 2025, the Shanghai Megafactory officially started producing Megapack batteries. And by March 21, 2025, Tesla China noted that it had shipped the first batch of Megapack batteries from the Shanghai plant to foreign markets.

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While the Shanghai Megafactory is still not at the same level of output as Tesla’s Lathrop Megafactory, which produces about 10,000 Megapacks per year, its ramp seems to be quite steady and quick. It would then not be surprising if Tesla China announces the Shanghai Megafactory’s 2,000th Megapack milestone in the coming months.

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