Tesla Model 3 Gets "5 Stars" In European Crash Test

Ann Santiago
July 7, 2019

Perhaps it was happenstance that Tesla stock hit its lowest levels since late 2016 on the first trading day of last month. The other top selling EVs were the Chevrolet Bolt EV and Nissan Leaf. Sales of the more profitable Model S and Model X increased as well from 12,100 to 17,650.

Tesla reported better-than-expected global sales for the second quarter on Tuesday, with 95,200 vehicles delivered.

Sure enough, a week later, Musk himself insisted at Tesla's annual shareholder meeting that there was no demand problem, adding that orders and sales "for the Model S, X, and 3 [were] outpacing production" and giving them a "decent shot" at setting fresh records for production and deliveries.

After disappointing results in the first quarter, Tesla announced that it had delivered 95,200 cars, which is above its own expectations of 90,700 vehicles set at the end of a year ago. Of those estimates, 8 had delivery estimates between 84,000 and 88,000, 3 had delivery estimates between 88,900 and 91,124, and only one overestimated Tesla's Q2 deliveries (at 97,000). The previous delivery record was 90,700 EVs in the fourth quarter of 2018.

From the absence of an internal combustion engine up front to the battery pack's low center of gravity, the Model 3 appears to be an electric auto created to keep its occupants safe in the event of an accident. Euro NCAP flags some missing safety equipment from the Model 3, like knee airbags, Isofix support for a child seat in the front passenger seat, and no active hood that would pop up in the case of a pedestrian collision. The popular Model 3s have driven more than 1 billion electric miles in record time.

The Tesla Model S was fifth in JATO's list with 48,000 sold in 2018. "Once solid estimates for Tesla's quarterly production and delivery numbers are in, short sellers and critics jump to the next quarter and typically claim that delivery will fall off tremendously because pent-up consumer demand has been exhausted and sustainable new demand is going to be much more limited". Price reductions, the wider availability of cheaper versions of the Model 3, and the phase out of the US EV tax credit ($1,875) helped Q2 deliveries. Around 1,073 I-Paces and 1,835 e-trons were sold in the U.S. through June, InsideEVs estimated, though sales for the e-tron began in April.

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