Connect with us

News

Tesla Model Y and Model 3 post impressive sales in UK’s December auto market

Credit: @ryanrossuk/Twitter

Published

on

Recent data posted by the UK’s Society of Motor Manufacturers and Traders (SMMT) has revealed something quite extraordinary. While Tesla seems to be facing challenges in China, the EV maker’s two best-selling vehicles — the Model Y crossover and the Model 3 sedan — are still dominating their respective segments in some countries abroad. 

In December 2022, for example, the Tesla Model Y was listed by the SMMT as the UK’s #1 best-selling vehicle with sales of 10,664 units. Following the Model Y was its sedan sibling, the Model 3, which was listed with sales of 5,704. It should be noted that the two electric cars from Tesla dominated the UK’s auto market in December, and it was not even close. 

Credit: SMMT

Following the Model 3 in third place was the Nissan Qashqai, which had 3,506 sales in December. It should be noted that the Qashqai is a far more affordable vehicle than both the Tesla Model 3 and Model Y, which made the two all-electric vehicles’ performance in the UK auto market last month even more impressive. 

So notable was the Model Y’s presence in the UK’s auto market that it actually made it to the country’s overall best-selling vehicles list for the full year. Over 2022, the Tesla Model Y sold a total of 35,551 units in the UK, making it the country’s third-best-selling vehicle for the entire year. The Model Y was only beaten by the Vauxhall Corsa, which sold a total of 35,910 units, and the Nissan Qashqai, which sold a total of 42,704 vehicles in 2022. 

Credit: SMMT

In the UK’s battery electric vehicle sector, the domination of the Model Y and Model 3 was even more notable. As per the data shared by the SMMT, the Tesla Model Y led the pack with a total of 35,551 vehicles sold over the year. Following the Model Y was the Model 3, which saw 19,071 sales in 2022. The Kia e-Niro rounded out the UK’s top three battery electric vehicles, with total sales of 11,197 over the year. 

Credit: SMMT

The momentum of the Tesla Model Y and Model 3 appears to have positively affected the UK’s battery-electric vehicle segment as a whole. The SMMT has noted that BEV sales grew by 40.1% in 2022, allowing battery-powered vehicles to command a 16.6% market share during the year. This compares favorably with 2021, when BEVs commanded an 11.6% market share in the UK auto segment. 

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Advertisement

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

News

Tesla’s Supercharger Diner probably just secured more locations

Published

on

tesla diner
Credit: Tesla

Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.

The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.

Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:

On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.

Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.

Tesla makes major change at Supercharger Diner amid epic demand

Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.

Continue Reading

Investor's Corner

Tesla short sellers win big after shares fall after earnings

Published

on

A red Tesla Roadster driving around a turn
(Credit: Tesla)

Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.

Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to BloombergShares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.

Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.

However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.

S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.

Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue

Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.

Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.

At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.

Continue Reading

News

Tesla door handle saga gets its latest chapter and a big change is coming

Published

on

Credit: Tesla | Model 3 Owner's Manual

Tesla’s long-standing saga regarding its door handles and a manual release has entered its latest chapter, and as a result, a big change is coming.

On Friday, the National Highway Traffic Safety Administration (NHTSA) denied Tesla’s petition that was seeking a defect investigation into roughly 180,000 Model 3 vehicles for an issue involving the emergency mechanical door release.

NHTSA said that Tesla’s petition did not present evidence of a safety-related defect in the door handles or their emergency releases. Instead, the agency determined that it would rather solve the issue of the lack of labeling or location of emergency mechanical door releases and the federal safety rules that govern them.

Essentially, the NHTSA wants to create and enforce rules that would require automakers to make emergency door latch releases more clearly labeled in a car. Despite a Tesla having manual door releases on all four passenger doors, many people do not know they exist or how they work.

Tesla addresses door handle complaints with simple engineering fix

In recent times, Tesla has faced some criticism involving its door handles, specifically because some occupants have reported that they are unable to exit their vehicles after losing power. The door handles on a Tesla are electronically operated, but in the event that the 12V battery dies, there is a manual release that can be used.

The NHTSA only identified a single complaint involving the mechanical door releases: a 2022 Model 3 owner said the release was concealed and unlabeled after the vehicle lost power after a front-end collision. It has also already started to create a separate rulemaking process to make emergency door-egress systems more obvious.

It should be noted that all Teslas have mechanical emergency door releases, but they are placed in various locations as the vehicles have aged and been redesigned from year to year. Refer to the safety manual for your vehicle if you have any confusion about where the emergency releases are and how they work.

Continue Reading