Tesla more than doubled Volkswagen’s battery electric vehicle (BEV) sales for the second quarter of 2021 in a single month. In June alone, Tesla sold more than 28,000 BEVs to Chinese customers, while VW managed to deliver just over 12,000 BEVs in Q2 as a whole.
Earlier today, Volkswagen announced its sales figures for the first half of 2021. Detailing a near tripling of sales in the first half of this year compared to the same timeframe in 2020, the German automaker is creating plenty of buzz and momentum moving forward. However, it is still lagging behind the giants of the BEV sector, and Tesla, in particular, is giving Volkswagen plenty of reasons to tread carefully in the Chinese market.
In early July, we reported that Tesla sold 28,138 vehicles in the domestic market in June, with over 5,000 Model 3 units being exported from China to other territories. It was a strong showing from the automaker, a potent display of continued demand for Tesla’s all-electric vehicles. It was a continuance of the strong sales figures that Tesla displayed in May when the company sold a total of 33,463 vehicles: 21,936 cars for the local market and 11,527 Model 3 for foreign territories through exports.
In Q2, Volkswagen sold only 12,041 cars in China. A lackluster showing for one of the automotive industry’s giants, this figure is slightly higher than a fifth of the over 53,700 units that Tesla sold in Q2 2021.
Volkswagen has put a special emphasis on the Chinese market in particular, especially with its BEV strategy. In mid-April, the company announced the launch of the ID.6, a crossover that was specifically designed for the Chinese market. The German automaker explicitly stated that this car would only be available in China as well, looking to infiltrate some of the demand that Tesla and GM have accumulated over the past several years.
ID.6 CROZZ by FAW and ID.6 X by SVW
However, the relatively slow adoption of VW’s electric vehicles in China has some analysts worried about the potential for a long-term slump. One analyst is Bernstein’s Arndt Ellinghorst, who wrote that “China EV buyers seem to be less impressed by the models’ software features and infotainment system,” in a note to investors last week, according to Fortune.
Tesla recorded its biggest quarter yet in Q2, delivering over 200,000 vehicles for the first time in its short history. Through the first half of 2021, Tesla has delivered 386,050 cars, with only a few thousand being Model S and Model X vehicles. The Model 3 and Model Y have continued the trend of dominance for Tesla worldwide, and other automakers are failing to keep up with the company’s lightning-quick pace.
Disclosure: Joey Klender is a TSLA Shareholder.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Elon Musk
Elon Musk shares big Tesla Optimus 3 production update
According to Musk, Tesla is in the final stages of completing Optimus 3, which he described as one of the world’s most advanced humanoid robots.
Tesla CEO Elon Musk has stated that production of Optimus 3 could begin this summer. Musk shared the update in his interview at the Abundance Summit.
According to Musk, Tesla is in the final stages of completing Optimus 3, which he described as one of the world’s most advanced humanoid robots.
“We’re in the final stages of completion of Optimus 3, which is really going to be by far the most advanced robot in the world. Nothing’s even close. In fact, I haven’t even seen demos of robots that are as good as Optimus 3,” Musk said.
He also set expectations on the pace of Optimus 3’s production ramp, stating that the initial volumes of the humanoid robot will likely be very low. Musk did, however, also state that high production rates for Optimus 3 should be possible in 2027.
“I think we’ll start production on Optimus 3 this summer, but very slow at first, like sort of this classic S-curve ramp of manufacturing units versus time. And then, probably reach high volume production around summer next year,” he said.
Interestingly enough, the CEO hinted that Tesla is looking to iterate on the robot quickly, potentially releasing a new Optimus design every year.
“We’ll have Optimus 4 design complete next year. We’ll try to release a new robot design every year,” Musk stated.
Tesla has already outlined broader plans for scaling Optimus production beyond its first manufacturing line. Musk previously stated that Optimus 4 will be built at Gigafactory Texas at significantly higher production volumes.
Initial production lines for the robot are expected to be located at Tesla’s Fremont Factory, where the company plans to establish a line capable of producing up to 1 million robots per year.
A larger production ramp is expected to occur at Gigafactory Texas, where Musk has previously suggested could eventually support production of up to 10 million robots per year.
“We’re going to launch on the fastest production ramp of any product of any large complex manufactured product ever, starting with building a one-million-unit production line in Fremont. And that’s Line one. And then a ten million unit per year production line here,” Musk said previously.
The comments suggest that while Optimus 3 will likely begin production at Fremont, Tesla’s larger-scale manufacturing push could arrive with Optimus 4 at Gigafactory Texas.
Elon Musk
Tesla showcases Optimus humanoid robot at AWE 2026 in Shanghai
Tesla’s humanoid robot was presented as part of the company’s exhibit at the Shanghai electronics show.
Tesla showcased its Optimus humanoid robot at the 2026 Appliance & Electronics World Expo (AWE 2026) in Shanghai. The event opened Thursday and featured several Tesla products, including the company’s humanoid robot and the Cybertruck.
The display was reported by CNEV Post, citing information from local media outlet Cailian and on-site staff at the exhibition.
Tesla’s humanoid robot was presented as part of the company’s exhibit at the Shanghai electronics show. On-site staff reportedly stated that mass production of the robot could begin by the end of 2026.
Tesla previously indicated that it plans to manufacture its humanoid robots at scale once production begins, with its initial production line in the Fremont Factory reaching up to 1 million units annually. An Optimus production line at Gigafactory Texas is expected to produce 10 million units per year.
Tesla China previously shared a teaser image on Weibo showing a pair of highly detailed robotic hands believed to belong to Optimus. The image suggests a design with finger proportions and structures that closely resemble those of a human hand.
Robotic hands are widely considered one of the most difficult engineering challenges in humanoid robotics. For a system like Optimus to perform complex real-world tasks, from factory work to household activities, the robot would require highly advanced dexterity.
Elon Musk has previously stated that Optimus has the capability to eventually become the first real-world example of a Von Neumann machine, a self-replicating system capable of building copies of itself, even on other planets. “Optimus will be the first Von Neumann machine, capable of building civilization by itself on any viable planet,” Musk wrote in a post on X.