News
Tesla Roadster, Cybertruck top list of most anticipated EVs in the world
A study from Lease Fetcher, a UK-based vehicle leasing comparison platform, has determined that among the EVs that are yet to be released and those that are already available in the market, Tesla’s cars are among the most desired. After studying the search volume for electric cars across 172 countries, the UK-based firm found that the Tesla Roadster is the most anticipated EV model worldwide.
The firm’s study found that overall, the Tesla Roadster has been searched a whopping 6,960,000 times in 2022. That’s an average of 580,000 times per month. This is quite impressive because the new Roadster is not even out yet, and it’s been years since its initial unveiling. While the Roadster would likely be a vehicle that is not mass manufactured anywhere close to the volumes of the Model 3 and Model Y, it is nonetheless an EV that captures the imagination.
Following the Tesla Roadster is the electric vehicle maker’s other upcoming vehicle, the Cybertruck. The study found that the Cybetruck was the second most anticipated electric car model on a global scale, with the vehicle being searched for 6,612,000 times. Just like the next-generation Roadster, the interest surrounding the Cybertruck is impressive, considering the vehicle’s delayed deliveries and production.
Interestingly, the EVs that followed the Tesla Roadster and the Cybertruck was a rather eclectic mix of electric cars. Behind the Cybertruck, for example, was the Volkswagen ID. Buzz, which saw 4,404,000 global searches; the very-much-still-a-rumor Apple Car, which saw 3,432,000 global searches, and the 2023 GMC Hummer EV, which saw 2,400,000 searches worldwide.
This does not mean to say that Tesla’s existing lineup is not seeing a lot of interest. As noted by the car leasing company’s study, the Tesla Model 3 sedan is actually still the hottest EV on the internet, seeing an incredible 25,200,000 searches globally. That’s an average of 2,100,000 per month. Following the Model 3 is the Kia EV6, which saw 16,440,000 yearly searches, the Tesla Model Y crossover, which saw 15,600,000 annual searches, the Hyundai Ioniq 5, which saw 13,320,000 searches, and the Porsche Taycan, which saw 12,240,000 global searches.
The Tesla Model S and Model X are still part of the list of the world’s most desired EVs by global search volume. The Model X, for example, is in sixth place with 10,752,000 global searches. The Model S is right behind the Model X, with 10,032,000 global searches. This suggests that Tesla’s entire electric vehicle catalog — including its more expensive models — is ranked among the world’s most desirable EVs.
Lease Fetcher summarized its thoughts about Tesla’s results in the following statement.
“Tesla has such a domineering presence in the electric car industry that it’s no surprise that their models are amongst the most popular current models, and the most anticipated. For many, Tesla is synonymous with electric cars. In terms of models available in 2022, the Tesla Model 3 has been a massive hit with EV buyers – it’s a powerful, environmentally-friendly model with an attractive body. It has been a welcome change for many EV buyers who were not drawn in by some of the quirkier EV designs by other manufacturers,” the firm noted.
The full study from Lease Fetcher can be viewed here.
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Elon Musk
SpaceX issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
SpaceX issues statement on Starship V3 Booster 18 anomaly
Tesla analyst maintains $500 PT, says FSD drives better than humans now
