Tesla will start its inevitable reign as the top selling electric truck in the world starting this week. Joe Tegtmeyer, Gigatexas watcher, reports that Tesla is now making 900-1000 per week. The figure of 1000 per week (aka 4100 per month) is enough to outsell both the Ford F-150 Lightning and the Rivian R1T. The combined weekly sales of the Ford F-150 Lighting (500-700 per week) and the Rivian R1T (less than 300 per week) is 800-1000 per week.
The Tesla Model Y is the top selling car model of any type in the world.
This was an easy thing to do because the previous best selling electric truck only sold 24000 in 2023 and 4800 in the first two months of 2024. The Ford F-150 was at 500 per week last year and is at 500-700 per week this year. Ford has the stated goal of 1600 per week in 2024 but they are cutting most of their F-150 Lightning workforce from 2100 to 700.
The Rivian R1T ended 2023 with about 1100 sales per month (less than 300 per week).
Rivian had almost 4000 total sales per month but 70-80% of those are the R1S electric SUV.
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I think it was epic marketing to make cybertruck odd: have you honestly ever heard as much buzz about a truck or even car released in the last 10 years?
Some discussion that Joe is being over enthusiastic and it might be more like 400-500 per week. Regardless, it is still a quick ramp from < 100 in January. Troy Teslake trcaking VINs on X and promising his best guess March 31. Be interesting to see if Tesla breaks out CT from S.and X.
They did a lot of good, but not more demand for such old cars with no next gen models, just refreshments. X and S are so old, no new models in sight. No new roadster yet, no model 2 for masses,… Model Y is eating model 3 share, since they are similar and model 3 is way older. Model Y is great, but it is getting older with no next gen in sight?
Toyota sold about 10 mil vehicles in 2023, WW about 9 mil, while Tesla lags behind at 1.8 mil if data are correct. There will be some growth from Cybertruck sales, but no explosion of gigafactories in sight as it was forecasted.
You ignore the fact that ICE is not a competitor to EV’s, the future is electric, Tesla is the leader and is driven by the Edison of our era. Tesla is the technological leader and other will fall by the wayside, the future is all Tesla, once they build the next 3 plants for the unboxed method for the next small EV, it will be game over, who cares about Toyota having 59 different models, they are already bankrupt they just don’t know it
Beyond that, although it’s in the “trough of despair” in the hype cycle, Robotaxi level FSD has been quietly evolving and being refined – FSD 12.X full stack neural net is delivering it and the LiDAR/Hidef map competition is admitting failure and dropping out. Tesla is finally not compute constrained and can fully use its 5M+ vehicles on the road to stream training data. Tesla will deliver the sole real solution to autonomous driving and its millions of vehicles will become autonomy capable with an OTA software download as was planned years ago. That’s a global market starkly divided between Tesla’s/Tesla licensed tech that can drive itself and obsolete junk that can’t.
I’m all in on EVs but you guys are really drinking the Tesla kool aid.
“You ignore the fact that ICE is not a competitor to EV’s, the future is electric,”
Based on what people are actually willing to buy, if given any choice in the matter, the future is anything BUT electric. Even the current minor degree of market penetration has required absolutely massive subsidies. Making EVs a majority of all vehicles would likely require an outright ban on ICE vehicles.
Of course, Biden’s administration has just proposed exactly that…
What do you mean Model 3 is old? It was just refreshed. Do you mean superficial body style changes?