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Tesla Model 3 will dominate Germany’s e-car market in 2019, says industry expert
With the major challenges in the production of the Model 3 behind the company, Tesla is poised to start delivering the electric sedan to other countries. Among these is Germany, which is expected to begin receiving deliveries of the Model 3 this coming February. These first deliveries, according to a German automotive industry expert, would likely usher in what could very well be the year of Tesla, where the California-based carmaker end up dominating Germany’s e-car market.
In a recent analysis, auto veteran and founder of Germany’s Center of Automotive Research (CAR) at the University of Duisburg-Essen Ferdinand Dudenhöffer stated that 2019 would likely see a massive influx of electric vehicle registrations in the country. Dudenhöffer notes that a large part of these registrations will be due to the arrival of the Model 3, which he expects would help Tesla sell up to 20,000 electric vehicles per year in Germany.
“If it works with the production and an early sales start of Model 3 in Germany, for Tesla altogether up to 20,000 sales in this country in 2019 are possible,” the industry expert wrote in his study.
If Tesla does end up selling as many vehicles as Dudenhöffer expects in 2019, the electric car maker will become Germany’s most successful EV brand. While other EVs and electrified vehicles are available in the market, after all, no other car comes close to the estimated sales numbers of the Model 3. From January to October this year, for example, Dudenhöffer notes that Smart sold 7,030, Volkswagen sold 6,420, and Renault and BMW sold 5,150 green vehicles each. Tesla, which so far only sells the Model S sedan and the Model X SUV in Germany, sold 1,678 cars in the same period.
Dudenhöffer notes that the Model 3’s arrival in Germany will likely get a boost from upcoming, EV-friendly government regulations as well. Currently, employees who use their company cars privately are taxed 1% of the vehicle’s value. Starting January 1, 2019, company cars that are electric will receive half the tax. According to German publication Wirtschaftswoche, electric car drivers can save as much as 200 euros with the upcoming system in place.
The Tesla Model 3 has become a force to be reckoned with in the American auto market. As the electric car maker hits its stride in the production of the Model 3, Tesla has begun an initiative to bring the vehicle abroad. Over the past months, Tesla has brought the Model 3 to several countries in Europe, as well as key markets in Asia such as China and Japan. With each stop in its worldwide tour, the Model 3 was received with much interest.
Local media reports from Europe indicate that Tesla is planning on shipping 3,000 Model 3 per week to the region starting February 2019. Belgian news agency Focus-WTV has noted that the vehicles would be arriving every week in the port of Zeebrugge, located on the coast of Belgium. The vehicles will reportedly be shipped through the services of transportation firm International Car Operators (ICO), which utilizes rapid RoRo (roll-on, roll-off) ships that are capable of loading and unloading cargo quickly.
A video reportedly featuring what could very well be one of the first large shipments of Model 3 sedans to Europe was shared by WTV to Teslarati. The clip, which was taken earlier this month and which features rows of covered electric sedans in ICO’s Zeebrugge site, could be viewed below.
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
