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Tesla Model 3 overtakes UK’s most popular gas cars in December 2020 registrations
The Tesla Model 3 has claimed the top spot for car registrations for December 2020, overtaking the region’s most popular gas-powered cars, new data from the Society of Motor Manufacturers and Traders shows.
The Model 3 has dominated markets like the United States and China in terms of the most popular electric cars. However, the United Kingdom saw the Model 3 become the most popular vehicle regardless of powertrain. It overtook the Volkswagen Golf and the Ford Fiesta, two of the UK’s three most popular cars the top seller in December.
The #Tesla #Model3 takes top spot in new car registrations in the UK in December, according to new release from the SMMT.
Overall, the BEV mkt share is growing in the UK by leaps and bounds!@TeslaPodcast @Teslarati @Lebeaucarnews @alex_avoigt @ARKInvest @GerberKawasaki pic.twitter.com/4pCYWLuzYS
— Tavi (@tavi_chocochip) January 6, 2021
Data from the SMMT shows Tesla sold 5,798 Model 3s in the United Kingdom in December. This eclipsed the Volkswagen Golf, the second-place vehicle, by 1,328 units. The Ford Fiesta, the top seller in the UK for 2020, finished third for the month, with 3,367 units sold.
Credit: SMMT
The Model 3 has become the most popular electric vehicle in many markets due to its highly-affordable price point and commendable range and performance qualities. It was first manufactured by Tesla in 2017, and there is reason to believe that Tesla could have been experiencing overwhelming demand for the Model 3 in Europe due to the company importing many builds from the company’s Giga Shanghai facility in China. Tesla originally said that the China-manufactured Model 3s wouldn’t be imported. Still, the new numbers from the SMMT seem to indicate that demand was high, and the only way to keep up with it and fit the company’s year-end guidance of 500,000 cars was to import some builds from China to Europe.
Tesla Model 3 produced in Giga Shanghai are heading to Europe next week
As for battery electric vehicles (BEVs) as a whole, the UK saw a 343.7% increase in registrations in December 2020 compared to the same month in 2019. Figures show that a total of 21,914 BEVs were bought in December 2020, a sizeable increase from the 4,939 units that were sold in December 2019.
A noticeable increase in BEV purchases for 2020 as a whole was also noticed in the SMMT data. The 108,205 BEVs sold in 2020 eclipsed the 37,850 BEVs sold in 2019, a 185.9% increase. Additionally, a 5% increase in market share was reported for BEVs, from just 1.6% in 2019 to 6.6% in 2020.
Credit: SMMT
The Model 3 has dominated sales figures in many countries and regions since its introduction in 2017. As of now, it is the car that has put Tesla on the map as a mass-manufacturer of automobiles, and the Model Y crossover will only solidify the company’s presence as a major player in the transition to EVs. There is no doubt that the Model 3 was the main contributor to Tesla reaching its 500,000 vehicle production and delivery rate for 2020. Now that the popularity shows up in proven figures by surpassing gas-powered cars, the dawn of a new era may be upon the automotive industry.
Tesla has entered an interesting situation with its Full Self-Driving suite in California, as the State’s Department of Motor Vehicles had adopted an order for a suspension of the company’s sales license, but it immediately put it on hold.
The company has been granted a reprieve as the DMV is giving Tesla an opportunity to “remedy the situation.” After the suspension was recommended for 30 days as a penalty, the DMV said it would give Tesla 90 days to allow the company to come into compliance.
The DMV is accusing Tesla of misleading consumers by using words like Autopilot and Full Self-Driving on its advanced driver assistance (ADAS) features.
The State’s DMV Director, Steve Gordon, said that he hoped “Tesla will find a way to get these misleading statements corrected.” However, Tesla responded to the story on Tuesday, stating that this was a “consumer protection” order for the company using the term Autopilot.
It said “not one single customer came forward to say there’s a problem.” It added that “sales in California will continue uninterrupted.”
This was a “consumer protection” order about the use of the term “Autopilot” in a case where not one single customer came forward to say there’s a problem.
Sales in California will continue uninterrupted.
— Tesla North America (@tesla_na) December 17, 2025
Tesla has used the terms Autopilot and Full Self-Driving for years, but has added the term “(Supervised)” to the end of the FSD suite, hoping to remedy some of the potential issues that regulators in various areas might have with the labeling of the program.
It might not be too long before Tesla stops catching flak for using the Full Self-Driving name to describe its platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
The Robotaxi suite has continued to improve, and this week, vehicles were spotted in Austin without any occupants. CEO Elon Musk would later confirm that Tesla had started testing driverless rides in Austin, hoping to launch rides without any supervision by the end of the year.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Tesla enters interesting situation with Full Self-Driving in California
Tesla stock closes at all-time high on heels of Robotaxi progress
