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The Model 3 was the world's top-selling plug-in electric car for three years, from 2018 to 2020, before the Tesla Model Y, a crossover SUV based on the Model 3 chassis, took the top spot. In June 2021, the Model 3 became the first electric car to pass global sales of 1 million.
Prices for the Model 3 sedan and the Cybertruck stayed the same. The price reduction came the day after Tesla’s stock dropped below $150 per share , wiping out all gains made over the past year.
In October 2022, the company stated publicly that the Tesla engineering team had turned its focus to the new platform, and that the company expected the platform would enable cars to be half of the price of the Tesla Model 3 or Y. [4] In April 2024, Musk announced that the Robotaxi reveal would take place in August, subsequently delayed to ...
Tesla Model 3 is the first electric car to pass 1 million units in global sales [67] July 2021 1 million plug-in cars sold in Germany [68] November 2021 1 million plug-in cars sold in California [17] May 2022 Cumulative global plug-in sales passed 20 million units [6] June 2022 10 million plug-in cars on the road in China [69] September 2022
As an example, by early 2013 the price of the top selling Nissan Leaf was 240,690 kroner (around US$42,500) while the purchase price of the 1.3-lt Volkswagen Golf was 238,000 Krone (about US$42,000). [146] Electric vehicles are also exempt from the annual road tax, all public parking fees, and toll payments, as well as being able to use bus lanes.
On January 12, 2023, Tesla announced a significant price reduction for the Model Y and Model 3. This reduction made the Model Y Long Range eligible for the federal tax credit of $7,500 under the Inflation Reduction Act, which is applicable only for cars that are priced below $55,000. [89]
The Tesla next-generation vehicle is an electric car platform under development by Tesla after 2022. This will be the third mainstream platform for the company, and it is expected that production volumes will greatly surpass those of the Model 3/Y platform.
In exchange, Tesla agreed to partner with Toyota on the "development of electric vehicles, parts, and production system and engineering support." The two companies would later end their partnership in 2017. [56] The plant, renamed the Tesla Fremont Factory, produces the Model S, Model X, Model 3, and Model Y vehicles.