Connect with us

News

Tesla Model Y dominates first-half EV sales statistics in China

Credit: Tesla Asia | X

Published

on

The Tesla Model Y’s reign as the best-selling electric vehicle in the world does not seem to be ending anytime soon, especially based on its recently revealed performance in China.

New data from the China Passenger Car Association showed that the Model Y dominated electric vehicle sales statistics during the first half of the year.

The Model Y outpaced the vehicles of BYD and Nissan, which rounded out the top 3. The BYD Seagull and Nissan Sylphy were still significantly behind Tesla, according to sales figures, which showed that the Model Y had 207,817 units sold in the first six months of the year. The Seagull and Sylphy had 167,861 and 161,379 units sold, respectively:

Tesla ended the first half on an extremely strong note, as it sold 71,007 vehicles wholesale in June. These figures are also sourced from CPCA, and 59,261 cars were sold domestically in China.

As a whole, Tesla sold 426,623 cars in China through the first half of the year, and the Model Y seems to be the vehicle that has truly set itself apart from the rest of the competition in the market.

Tesla China starts Q3 2024 with 6,500 new vehicle registrations

Tesla did not have another vehicle in the top 10.

Advertisement

The Model Y has been a true contributor to Tesla’s success, not only in the. Chinese market, but on a global scale. Last year, it was the best-selling vehicle globally, and it continues to be a force in the transition to electric vehicles.

However, there was a Tesla Model Y spotted this past weekend with front and rear bumper covers, giving the impression that there could be a new version of the vehicle on the way.

However, CEO Elon Musk has been adamant that the refresh is not coming this year and hopes to end rumors of it in an attempt to stop cannibalizing sales of the current version

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Advertisement

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

Elon Musk

Tesla CEO Elon Musk says this common issue is ‘major area of focus’

Tesla, like any other company, goes through hardware issues with its vehicles, but some are more publicized than others.

Published

on

Credit: Tesla

Elon Musk said this afternoon on X that a commonly reported issue with the Tesla vehicles is a “major area of focus” for the company.

Tesla, like any other company, goes through hardware issues with its vehicles, but some are more publicized than others.

However, the simple yet annoying issues that owners encounter through thousands of miles of driving do not receive as much attention, even though they are likely more pertinent and frequently encountered by owners.

One of those problems is with the central windshield Full Self-Driving camera, which sits inside a housing at the top of the glass, enabling Tesla Vision to have an uninterrupted view of the traffic and surroundings ahead of the vehicle.

Many owners have reported that their vehicles alert them when Full Self-Driving is unavailable due to an obstruction with this camera. Commonly, it is caused by a buildup of condensation, which creates a haze on the camera and obstructs its view.

Advertisement

Tesla suggests a quick cleaning of the housing and cameras, which resolves the problem. Still, owners are not necessarily ecstatic about having to do this themselves.

Tesla developing more comprehensive Cybertruck camera cleaning system

Musk says that Tesla is attempting to fix the issue, and said in response to one owner who performed the maintenance that it was a “major area of focus” for the company:

Advertisement

While many were enthusiastic about the potential fix, but some complained that their cars had been in for service many times for the issue, inhibiting their ability to utilize FSD and truly enjoy the full experience of owning a Tesla.

It will likely be a hardware fix that will be implemented through a service appointment, but knowing Tesla, they could have something up their sleeve through a software update to resolve the issue.

Advertisement
Continue Reading

News

Tesla’s Lead of Optimus AI departs and people are confused about it

Kumar, who has been with Tesla for just over two years, made his announcement on X, revealing he was taking a role at Meta as a Research Scientist.

Published

on

Credit: @heydave7/X

Tesla’s Lead of Optimus AI, Ashish Kumar, is departing the company, and people sure are confused about it.

Kumar, who has been with Tesla for just over two years, made his announcement on X, revealing he was taking a role at Meta as a Research Scientist.

He said:

“Decided to leave Tesla. It’s been an incredible ride leading the Optimus AI team. We went all-in on scalable methods — swapping the classical stack with reinforcement learning & scaling dexterity by learning from videos. AI is the most significant bit to unlock humanoids.”

Tesla fans were baffled by Kumar’s decision, immediately questioning his choice, with many wondering why he’d leave Elon Musk for Mark Zuckerberg.

Some said the choice had to be financially motivated, but Kumar said it was not, and if money were the driving factor, he would have stayed at Tesla:

Advertisement

Others were grateful for Kumar’s contributions to the company and were very respectful regarding his decision:

It’s possible that Kumar chose to leave Tesla for more reasons than one, and financial reasons do not appear to be the issue, as he admitted. However, it could be a better work-life balance at Meta, or perhaps there is an internal project that simply interests him more.

Tesla will be okay, and Optimus will continue to improve with a new Lead in that position. We wish Ashish the best of luck in his new role, and we are thankful for what he contributed to the Optimus program.

Advertisement
Continue Reading

Elon Musk

Elon Musk: Tesla shareholder vote results could “affect the future of the world”

“This shareholder vote decides the future of Tesla and may affect the future of the world,” Musk posted on X.

Published

on

MINISTÉRIO DAS COMUNICAÇÕES, CC BY 2.0 , via Wikimedia Commons

Elon Musk is urging Tesla shareholders to take part in the company’s upcoming annual meeting, calling the vote critical not just for the automaker but potentially for the world. 

“This shareholder vote decides the future of Tesla and may affect the future of the world,” Musk posted on X, emphasizing the importance of proposals that will be voted on in the upcoming meeting on November 6, 2025.

A pivotal inflection point

In a message from its official account, Tesla described itself as being at “a critical inflection point” as it prepares for its annual meeting. Shareholders will soon receive voting instructions, with the company asking investors to back the Board’s recommendations on all proposals. The post also referenced Tesla’s Master Plan Part IV, which outlines ambitious growth targets across vehicles, energy, and artificial intelligence.

“Tesla is at a critical inflection point. We need your vote ahead of our 2025 Annual Meeting on November 6. Tesla shareholders, the owners of our company, will soon receive their control numbers and voting instructions from their brokers. This will enable you to vote. We are asking you to vote with the Board’s recommendations on *all* proposals,” Tesla wrote in its post.

The company also highlighted that it is currently on the brink of a “massive wave of transformational growth.” Tesla stressed that confidence in Musk’s leadership is central to this trajectory, as he is the CEO who could lead Tesla into its new, ambitious era.

Advertisement

Some Key proposals

Two proposals stand out in Tesla’s recommendations, as per the company’s VoteTesla.com website. The first seeks to amend and restate Elon Musk’s 2019 Equity Incentive Plan, creating a special reserve of nearly 208 million shares to give the board flexibility amid ongoing litigation surrounding Musk’s 2018 CEO Performance Award. It also calls for replenishing the general share reserve with 60 million additional shares, ensuring capacity for employee equity grants.

“Equity is the cornerstone of Tesla’s compensation philosophy. We believe we need a framework that allows us to honor the deal we made with Elon and the extraordinary value he created for Tesla shareholders under the 2018 CEO Performance Award. In addition, it is essential that we maintain sufficient equity reserves and maximum flexibility to attract, retain and motivate talent at Tesla,” Tesla wrote.

The second proposal is a new 2025 CEO Performance Award, a pay-for-performance framework that links Musk’s compensation to reaching ambitious market cap and operational milestones. Under the plan, Musk would earn nothing unless Tesla achieves extraordinary results, potentially creating more than $7 trillion in shareholder value and pushing the company’s valuation to as high as $8.5 trillion. The company also asked shareholders to vote in favor of re-electing three directors: Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson.

Continue Reading

Trending