Tesla Model 3 and Model Y are most popular EVs for U.S. fleets: data

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Along with being the best-selling electric vehicle (EV) brand for consumers, new research shows that Tesla is also the most popular brand for U.S. fleets going electric.

According to new data from S&P Global Mobility, Tesla vehicles constituted almost a third of EV fleet purchases over the trailing 13-month period from July 2023, while the Model 3 and Model Y were among the most popular vehicles sold to fleets. These included daily rental, corporate and government fleet purchases, and the Model 3 was the most registered on the list by almost 10,000 units.

As S&P points out, this shouldn’t come as too much of a surprise, with Tesla being the largest producer of EVs today. Still, competition from other companies continues to increase, though deals with rental companies like Hertz have kept Tesla at the forefront of fleet purchases.

In registration data from the group, the top-selling EV models to U.S. fleet companies were the Tesla Model 3 (28,252 units), the Chevy Bolt (19,502) and the Model Y (11,149). Others from Ford, Rivian, Polestar and more fell beneath 10,000 registered units total during the period.

You can see S&P Global Mobility’s complete list of the top 10 EVs registered for U.S. fleet companies in the bar graph below.

Source: S&P Global Mobility new vehicle registrations to fleets, July 2022-July 2023

The writers of the report also point out that fleet sales can often be somewhat sporadic, and they often coincide with specific buying cycles. As one example, the report notes that Tesla sold over 13,500 Model 3 units into fleets in December 2022 and January 2023, with generally-low fleet sales besides spikes of roughly 4,300 units in both July and October 2022.

The report also notes that the Chevy Bolt captured 39 percent of EV registrations for government fleets, accounting for more than the total Ford EV contributions from the F-150 Lightning, the E-Transit and the Mustang Mach-E. The Model 3 had just 6 percent of government EV fleet registrations, the same amount as the Nissan Leaf.

Ford earlier this month opened fleet orders for the 2024 F-150 Lightning Pro, offering six trim configurations.

Perhaps the most headline-grabbing EV fleet purchase yet was initiated in 2021 when Tesla and Hertz formed in the rental company’s purchase of 100,000 of the automaker’s EVs. Tesla and Hertz also debuted an additional partnership with Uber, and the companies added 25,000 to the ride-hailing platform’s fleet earlier this year.

Tesla’s first third-party app is here, and it’s all about fleets

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.

Tesla Model 3 and Model Y are most popular EVs for U.S. fleets: data

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Tesla shareholders can win tickets to Cybertruck delivery event in Texas

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Tesla is holding a drawing for shareholders to win the opportunity to attend the company’s upcoming delivery event for the Cybertruck.

The Cybertruck delivery event is set to take place at Tesla’s Gigafactory in Austin, Texas on November 30, and a new web page on the company’s website has detailed the drawing. To enter, Tesla shareholders should navigate to the website and click the button that says “Verify To Attend” to sign in.

Tesla says that the company can only accommodate a limited number of its shareholders as in-person guests, writing the following about its reasoning for performing a random drawing:

“To maximize fairness, we are conducting a random drawing to determine shareholders’ eligibility to attend,” Tesla writes on the web page. “Shareholders with active shares as of September 30, 2023 may apply. To apply, verify your shareholdings by uploading evidence of your Tesla stock ownership as of September 30, 2023 (no other date will be accepted) on our shareholder dashboard in one of the accepted formats with your name included.”

The company also says that selected shareholders will need to confirm their identities with a government-issued identification, adding that selections aren’t transferable. You can also view the specific terms of the drawing event here.

Elon Musk tempers Tesla Cybertruck ramp expectations; immediately gets misunderstood by analyst

The news comes after several months of anticipation over initial Cybertruck deliveries, now set to take place just over four years after the electric vehicle (EV) was unveiled in 2019.

Tesla has yet to release any pricing details for the Cybertruck. However, fans recently spotted VIN decoder information for the Cybertruck, suggesting that it will be offered in two vehicle classes, falling somewhere between 8,000 and 10,000 pounds. It has also been confirmed that the Cybertruck will include 800-volt charging architecture, offering faster charging times and better efficiency.

Earlier this year, Tesla began rolling out Cybertruck delivery event invites as a referral benefit, with one person reporting that two or three referrals could get someone a “nearly guaranteed” ticket. At the time, Tesla had yet to announce the November delivery event.

Tesla announced the Cybertruck delivery event during its third-quarter earnings call earlier this month, which came with a handful of updates about the highly anticipated pickup.

You can listen to Tesla’s full Q3 earnings call below.

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.

Tesla shareholders can win tickets to Cybertruck delivery event in Texas

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Tesla not to be scrutinized in EU electric vehicle probe

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Tesla is not going to be scrutinized in a probe from the European Union that will investigate potential subsidy manipulation from vehicles built and imported into Europe from China.

In September, we reported on a potential probe from the EU that would investigate several brands that export vehicles from China to Europe to judge the fairness of subsidies granted by European countries.

EU officials started to question whether Tesla and other automakers that export from China are receiving unfair advantages in terms of subsidies provided to those vehicles.

Tesla among brands likely subject to EU subsidy probe to judge fairness of China imports

EU Executive VP Valdis Dombrovskis said regarding the probe:

“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies.”

Dombrovskis went on to say that the EU is open to competition, but it needed to be fair. Large markets have already introduced tariffs on batteries and EVs from China, and the EU was considering the same strategy.

While the EU will still investigate several brands, Tesla is not one of them, the South China Morning Post reported.

Instead, the report states BYD, SAIC Motor, and Geely will be investigated for potential foul play in EU subsidies.

The complaint about the subsidies comes from EU Chief Ursula von der Leyen, who said a “flood” of Chinese EVs was “distorting” the European market.

If the initial probe into BYD, SAIC, and Geely ends up showing evidence of subsidy distortion that would enable unfair competition, Tesla, along with other companies that have vehicles made in China and sent to Europe, could end up being added to the investigation.

Roughly one-fifth of EVs sold in Europe are built in China.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla not to be scrutinized in EU electric vehicle probe

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