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Tesla Model 3 claims top spot in February global EV sales, Model Y takes third
Tesla took two of three podium spots in February’s Global Electric Vehicle Sales rankings, with the Model 3 taking the top position. The Model Y captured third for the first time, further establishing Tesla’s dominance in the global EV market.
With 270,000 EVs being registered in February globally, it was a 136% jump compared to January 2021. The EV sector continues to grow in large figures at an accelerating pace, meaning manufacturers who are taking part in the large-scale shift to electrification continue to be rewarded for their efforts. Tesla has established itself as the global leader in electric vehicles so far in the short but storied history of battery-powered powertrains, and February’s sales figures across the world show the Model 3 continues to be Tesla’s golden goose, accounting for a large percentage of its sales.
(Credit: nickyp3d via Instagram)
The EV Sales Blog says the Model 3 was registered 28,014 times in February, beating the Wuling HongGuang Mini EV by just under 8,000 units. The HongGuang Mini EV has been a thorn in the side of the Model 3’s dominance in China, but it is difficult to compare the two vehicles as they are vastly different. While the Model 3 sits at a relatively average price point for the global automotive market between $37,990 for the Standard Range Plus and $55,990 for its premier Performance version, the HongGuang Mini EV sits at a significantly lower price point. While that sounds like a great deal, consumers will not experience the range ratings, the performance, or the features that Tesla has to offer in the HongGuang Mini EV. At a price of just $4,400, customers will get just over 110 miles of range with every charge. Still, they won’t get standard features like air conditioning, which will increase the automobile’s cost by varying amounts depending on the addition. A/C will add $500 to the price.
The Model 3 has been Tesla’s most popular vehicle in recent years thanks to the car’s mass-market production push, the tasty and affordable price, and the wide array of advantages the vehicle holds over gas-powered cars. Tesla has given itself a reputation for building quality, high-performance vehicles, and consumers seem to agree based on the recent figures.
Credit: EV Sales Blog
Meanwhile, Tesla’s rollout of the Model Y last year has increased the automaker’s ever-growing footprint. The Model Y captured 13,971 sales in February, becoming a “rising star” in the EV Sales Blog’s eyes. The Model Y may overtake the Model 3 in popularity in the coming years, and Tesla expects this to happen. Numerous executives, including Elon Musk, have said the Model Y will be Tesla’s best-selling vehicle in the coming years. “I’ve actually recently driven the Model Y release candidate, and I think it’s going to be an amazing product and be very well received,” Musk said during the Q3 2019 Earnings Call. “I think it’s quite likely to — this is just my opinion, but I think it will outsell S, X, and 3, combined.”
One other notable vehicle on the list was the Ford Mustang Mach-E. Although it fell just short of the Top 5 for February, it only missed the mark by 77 units. In its first full month on the market, it instantly became the best-selling model from a legacy car company, giving large car companies who have struggled with EV adoption a glimmer of hope moving forward.
Tesla has expanded its branded ‘For Business’ Supercharger program that it launched last year, as yet another company is using the platform to attract EV owners to its business and utilize a unique advertising opportunity.
Francis Energy of Oklahoma is launching four Superchargers in Norman, where the University of Oklahoma is located. The Superchargers, which are fitted with branding for Francis Energy, will officially open tomorrow.
It will not be the final Supercharger location that Francis Energy plans to open, the company confirmed to EVWire.
Back in early September, Tesla launched the new “Supercharger for Business” program in an effort to give businesses the ability to offer EV charging at custom rates. It would give their businesses visibility and would also cater to employees or customers.
“Purchase and install Superchargers at your business,” Tesla wrote on a page on its website for the new program. “Superchargers are compatible with all electric vehicles, bringing EV drivers to your business by offering convenient, reliable charging.”
The first site opened in Land O’ Lakes, Florida, which is Northeast of Tampa, as a company called Suncoast launched the Superchargers for local EV owners.
Tesla launches its new branded Supercharger for Business with first active station
The program also does a great job at expanding infrastructure for EV owners, which is something that needs to be done to encourage more people to purchase Teslas and other electric cars.
Francis Energy operates at least 14 EV charging locations in Oklahoma, spanning from Durant to Oklahoma City and nearly everywhere in between. Filings from the company, listed by Supercharge.info, show the company’s plans to convert some of them to Tesla Superchargers, potentially utilizing the new Supercharger for Business program to advertise.
Moving forward, more companies will likely utilize Tesla’s Supercharger for Business program as it presents major advantages in a variety of ways, especially with advertising and creating a place for EV drivers to gain range in their cars.
Tesla Cybercab is perhaps the most highly-anticipated project that the company plans to roll out this year, and as it is undergoing its testing phase in pre-production currently, there are some things to work through with it.
Over the weekend, an image of the Cybercab being loaded onto a tow truck started circulating on the internet, and people began to speculate as to what the issue could be.
Hmmmmmm… https://t.co/L5hWcOXQkb pic.twitter.com/OJBDyHNTMj
— TESLARATI (@Teslarati) January 11, 2026
The Cybercab can clearly be seen with a Police Officer and perhaps the tow truck driver by its side, being loaded onto, or even potentially unloaded from, the truck.
However, it seems unlikely it was being offloaded, as its operation would get it to this point for testing to begin with.
It appears, at first glance, that it needs assistance getting back to wherever it came from; likely Gigafactory Texas or potentially a Bay Area facility.
The Cybercab was also spotted in Buffalo, New York, last week, potentially undergoing cold-weather testing, but it doesn’t appear that’s where this incident took place.
It is important to remember that the Cybercab is currently undergoing some rigorous testing scenarios, which include range tests and routine public road operation. These things help Tesla assess any potential issue the vehicle could run into after it starts routine production and heads to customers, or for the Robotaxi platform operation.
This is not a one-off issue, either. Tesla had some instances with the Semi where it was seen broken down on the side of a highway three years ago. The all-electric Semi has gone on to be successful in its early pilot program, as companies like Frito-Lay and PepsiCo. have had very positive remarks.
The Cybercab’s future is bright, and it is important to note that no vehicle model has ever gone its full life without a breakdown. It happens, it’s a car.
Nevertheless, it is important to note that there has been no official word on what happened with this particular Cybercab unit, but it is crucial to remember that this is the pre-production testing phase, and these things are more constructive than anything.
Tesla analyst Andrew Percoco of Morgan Stanley teased the company’s dominance in its self-driving initiative, stating that its lead over competitors is “not even close.”
Percoco recently overtook coverage of Tesla stock from Adam Jonas, who had covered the company at Morgan Stanley for years. Percoco is handling Tesla now that Jonas is covering embodied AI stocks and no longer automotive.
His first move after grabbing coverage was to adjust the price target from $410 to $425, as well as the rating from ‘Overweight’ to ‘Equal Weight.’
Percoco’s new note regarding Tesla highlights the company’s extensive lead in self-driving and autonomy projects, something that it has plenty of competition in, but has established its prowess over the past few years.
He writes:
“It’s not even close. Tesla continues to lead in autonomous driving, even as Nvidia rolls out new technology aimed at helping other automakers build driverless systems.”
Percoco’s main point regarding Tesla’s advantage is the company’s ability to collect large amounts of training data through its massive fleet, as millions of cars are driving throughout the world and gathering millions of miles of vehicle behavior on the road.
This is the main point that Percoco makes regarding Tesla’s lead in the entire autonomy sector: data is King, and Tesla has the most of it.
One big story that has hit the news over the past week is that of NVIDIA and its own self-driving suite, called Alpamayo. NVIDIA launched this open-source AI program last week, but it differs from Tesla’s in a significant fashion, especially from a hardware perspective, as it plans to use a combination of LiDAR, Radar, and Vision (Cameras) to operate.
Percoco said that NVIDIA’s announcement does not impact Morgan Stanley’s long-term opinions on Tesla and its strength or prowess in self-driving.
NVIDIA CEO Jensen Huang commends Tesla’s Elon Musk for early belief
And, for what it’s worth, NVIDIA CEO Jensen Huang even said some remarkable things about Tesla following the launch of Alpamayo:
“I think the Tesla stack is the most advanced autonomous vehicle stack in the world. I’m fairly certain they were already using end-to-end AI. Whether their AI did reasoning or not is somewhat secondary to that first part.”
Percoco reiterated both the $425 price target and the ‘Equal Weight’ rating on Tesla shares.
Tesla expands its branded ‘For Business’ Superchargers
Tesla Cybercab ‘breakdown’ image likely is not what it seems
