Category: tesla

The 10 Longest Range EVs for 2023


This post is by Marcus Lu from Visual Capitalist


Longest range EVs 2023 in United States

The Briefing

  • EV models with over 300 miles (480 km) of range are becoming more common in the United States
  • The Lucid Air (Grand Touring trim) has the highest EPA range at 516 miles (830 km)

The 10 Longest Range EVs for 2023

Range anxiety is frequently cited as one of the biggest turnoffs of electric vehicles (EVs).

Even as recent as 2021, the average range of an EV was just 217 miles (349 km), falling significantly short from the average gas car’s range of 413 miles (665 km). Thankfully, as this infographic shows, EVs with over 300 miles of range are becoming more common.

Below are the top 10 EVs for 2023, ranked by their EPA combined driving range. For further context, we’ve also included price. These values are for the specific trim that achieves the stated range. In some cases, more expensive trims are available but have a lower range (e.g. Tesla Plaid).

ModelEPA Combined Driving RangePrice*
Lucid Air516 mi (830 km)$138,000
Tesla Model S405 mi (652 km)$84,990
Hyundai Ioniq 6361 mi (581 km)$45,500
Tesla Model 3358 mi (576 km)$55,990
Mercedes-Benz EQS350 mi (563 km)$104,400
Tesla Model X348 mi (560 km)$94,990
Tesla Model Y330 mi (531 km)$52,990
GMC Hummer EV Pickup329 mi (529 km)$110,295
Rivian R1T328 mi (528 km)$74,800
BMW iX324 mi (521 km)$87,100

*Most recent prices available as of April 2023

Note that the EV (Read more...)

Nvidia Joins the Trillion Dollar Club


This post is by Dorothy Neufeld from Visual Capitalist


Chart showing Nvidia surpassing the $1 trillion market cap milestone becoming the eighth company to join that club

Nvidia Joins the Trillion Dollar Club

Chipmaker Nvidia is now worth nearly as much as Amazon.

America’s largest semiconductor company has vaulted past the $1 trillion market capitalization mark, a milestone reached by just a handful of companies including Apple, Amazon, and Microsoft. While many of these are household names, Nvidia has only recently gained widespread attention amid the AI boom.

The above graphic compares Nvidia to the seven companies that have reached the trillion dollar club.

Riding the AI Wave

Nvidia’s market cap has more than doubled in 2023 to over $1 trillion.

The company designs semiconductor chips that are made of silicon slices that contain specific patterns. Just like you flip an electrical switch by turning on a light at home, these chips have billions of switches that process complex information simultaneously.

Today, they are integral to many AI functions—from OpenAI’s ChatGPT to image generation. Here’s how Nvidia stands up against companies that have achieved the trillion dollar milestone:

Joined ClubMarket Cap
in trillions
Peak Market Cap
in trillions
AppleAug 2018$2.78$2.94
MicrosoftApr 2019$2.47$2.58
AramcoDec 2019$2.06$2.45
AlphabetJul 2020$1.58$1.98
AmazonApr 2020$1.25$1.88
MetaJun 2021$0.68$1.07
TeslaOct 2021$0.63$1.23
NvidiaMay 2023$1.02$1.02

Note: Market caps as of May 30th, 2023

After posting record sales, the company added $184 billion to its market value in one day. Only two other companies have exceeded this number: Amazon ($191 billion), and (Read more...)

How EV Adoption Will Impact Oil Consumption (2015-2025P)


This post is by Selin Oğuz from Visual Capitalist


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How EV Adoption Will Impact Oil Consumption (2015-2025P)

The EV Impact on Oil Consumption

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on real assets and resource megatrends each week.

As the world moves towards the electrification of the transportation sector, demand for oil will be replaced by demand for electricity.

To highlight the EV impact on oil consumption, the above infographic shows how much oil has been and will be saved every day between 2015 and 2025 by various types of electric vehicles, according to BloombergNEF.

How Much Oil Do Electric Vehicles Save?

A standard combustion engine passenger vehicle in the U.S. uses about 11 barrels of oil equivalent (BOE) per year. A motorcycle uses 1, a Class 8 truck about 24, and a bus uses more than 258 BOEs per year.

When these vehicles become electrified, the oil their combustion engine counterparts would have used is no longer needed, displacing oil demand with electricity.

Since 2015, two and three-wheeled vehicles, such as mopeds, scooters, and motorcycles, have accounted for most of the oil saved from EVs on a global scale. With a wide adoption in Asia specifically, these vehicles displaced the demand for almost 675,000 barrels of oil per day in 2015. By 2021, this number had quickly grown to 1 million barrels per day.

Let’s take a look at the daily displacement of oil demand by EV segment.

Number of barrels saved per (Read more...)

Global EV Production: BYD Surpasses Tesla


This post is by Marcus Lu from Visual Capitalist


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Global EV production 2022

Global EV Production: BYD Surpasses Tesla

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

2022 was another historic year for EVs, with annual production surpassing 10 million cars for the first time ever. This represents a sizeable bump up from 2021’s figure of 6.7 million.

In this infographic, we’ve used data from EV Volumes to visualize the top 15 brands by output. The color of each brand’s bubble represents their growth from 2021, with the darker shades depicting a larger percentage increase.

Data Overview and Key Takeaways

The raw data we used to create this infographic is listed below. Volume figures for 2021 were included for convenience.

RankCompany20222021Growth from 2021
1🇨🇳 BYD1,858,364598,019211%
2🇺🇸 Tesla1,314,319936,24740%
3🇩🇪 VW Group839,207763,85110%
4🇺🇸 GM (incl. Wuling Motors)584,602516,63113%
5🇺🇸 🇮🇹 🇫🇷 Stellantis512,276381,84334%
6🇰🇷 Hyundai Motors (incl. Kia)497,816348,66043%
7🇩🇪 BMW Group433,164329,18232%
8🇨🇳 Geely Auto Group351,35699,980251%
9🇩🇪 Mercedes-Benz Group337,364281,92920%
10🇫🇷 🇯🇵 Renault-Nissan-Mitsubishi Alliance335,964289,47316%
11🇨🇳 GAC Group287,977125,384130%
12🇨🇳 SAIC Motor Corp.256,341237,0438%
13🇸🇪 Volvo Cars253,266220,57615%
14🇨🇳 Chery Auto Co.253,141107,482136%
15🇨🇳 Changan Auto Co.245,555105,072134%
16🌎 Other (41 companies)1,927,2111,326,26245%

Includes BEVs and PHEVs

(Read more...)

Visualizing the S&P 500’s Performance in 2023 So Far


This post is by Pallavi Rao from Visual Capitalist


The S&P 500’s Performance in 2023 Q1

With one quarter of 2023 in the books, how has the S&P 500 performed so far?

The index had a tumultuous 2022, ending the year down 18%, its worst performance since 2008. But so far, despite dealing with tight monetary conditions and an unexpected banking crisis, the S&P 500 has promptly started to rebound.

The above animation from Jan Varsava shows the stock performance of each company on the S&P 500, categorized by sector.

Biggest Gainers on the S&P 500

The S&P 500 increased 7.5% during the first quarter of 2023. Though it was led by a few big outperformers, more than half of the stocks on the index closed above their end-of-December prices.

Here are the top 30 biggest gainers on the index from January 1 to March 31, 2023.

RankCompany3-Month Return
1Nvidia90.1%
2Meta (Facebook)76.1%
3Tesla68.4%
4Warner Bros. Discovery59.3%
5Align Technology58.4%
6AMD51.3%
7Salesforce50.7%
8West Pharmaceuticals47.3%
9General Electric46.3%
10Catalent46.0%
11First Solar45.2%
12Monolithic Power Systems41.8%
13MarketAxess Holdings40.6%
14GE Healthcare Tech40.5%
15Arista Networks38.3%
16ANSYS Inc.37.8%
17Fortinet Inc.35.9%
18Wynn Resorts35.7%
19Paramount Global33.8%
20FedEx Corp32.7%
21MGM Resorts32.5%
22Royal Caribbean Group32.1%
23ON Semiconductor Corp32.0%
24Booking Holdings31.6%
25Cadence Design Systems30.8%
26Skyworks Solutions30.2%
27Pulte (Read more...)

Retail Investors’ Most Popular Stocks of 2023 So Far


This post is by Marcus Lu from Visual Capitalist


Most Popular Stocks of 2023 With Retail Investors

Retail Investors’ Most Popular Stocks of 2023 (YTD)

According to VandaTrack, retail investors are still a force to be reckoned with, adding an average of $1.5 billion each day into U.S. markets.

This is a record-breaking level of inflows, which raises the question: what are investors buying? To find out, we’ve visualized the 10 most popular picks of 2023, as of February 15.

The Top 10 List

Most of the names in this list won’t come as a surprise. They represent eight of the world’s largest and most well-known tech companies, as well as two highly popular U.S. equity ETFs.

RankNameTickerRetail net flows
(USD millions)
1TeslaTSLA$9,751
2SPDR S&P 500 ETFSPY$3,572
3AmazonAMZN$1,786
4AppleAAPL$1,674
5NVIDIANVDA$1,367
6Invesco QQQ ETFQQQ$1,353
7AlphabetGOOG/L$1,218
8AMDAMD$941
9MetaMETA$780
10MicrosoftMSFT$768

Looking closer at the numbers, we can see that Tesla’s net retail flows of $9.75 billion are greater than all of the other individual stocks combined ($8.5 billion). This is a sign that investors still have plenty of faith in Tesla, even as its market share is beginning to shrink.

We recently covered Tesla’s profit margins (net profits per vehicle) in a separate infographic.

Perhaps the least common name on a top 10 ranking such as this is AMD. The chipmaker has made for a compelling underdog story in recent years, gaining significant market share (Read more...)

Chart: Automakers’ Adoption of Fuel-Saving Technologies


This post is by Marcus Lu from Visual Capitalist


Adoption of fuel-saving technologies

Automakers’ Adoption of Fuel-Saving Technologies

Over the past few decades, automakers have invested plenty of time and money into various fuel-saving technologies. This includes innovations such as direct injection, cylinder deactivation, and auto start-stop features.

Keeping track of which companies have adopted these technologies can be difficult. Thankfully, the EPA’s 2022 Automotive Trends Report includes data that shows which automakers have adopted what technologies.

Understanding the Data

The percentages in this infographic show how 14 major automakers have adopted various fuel-saving technologies into their lineups. The report did not specify if this data is for North American models only.

BrandTurboDirect InjectionCylinder Deact.CVT7+ GearsStart-StopHybridPHEV/EV/FC
Subaru22%99%0%95%0%80%0%0%
Nissan5%72%0%87%12%0%0%1%
Honda53%79%25%61%38%24%7%0%
Mazda27%100%45%0%0%0%0%0%
Toyota3%0%0%36%38%19%22%2%
Kia26%47%0%42%45%50%2%0%
Hyundai18%44%0%23%46%21%4%2%
BMW99%99%0%0%98%64%25%7%
Volkswagen77%94%3%0%90%71%20%7%
Mercedes-Benz94%100%8%0%100%77%22%0%
Tesla0%0%0%0%0%0%0%100%
Ford80%56%21%2%92%83%5%3%
GM37%91%54%9%74%75%0%1%
Stellantis13%10%22%1%96%45%15%3%

There are several geographical trends hidden within this dataset. To make them more (Read more...)

Charted: Tesla’s Unrivaled Profit Margins


This post is by Marcus Lu from Visual Capitalist


Tesla's profit margins per car

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Chart: Tesla’s Unrivaled Profit Margins

In January this year, Tesla made the surprising announcement that it would be cutting prices on its vehicles by as much as 20%.

While price cuts are not new in the automotive world, they are for Tesla. The company, which historically has been unable to keep up with demand, has seen its order backlog shrink from 476,000 units in July 2022, to 74,000 in December 2022.

This has been attributed to Tesla’s robust production growth, which saw 2022 production increase 41% over 2021 (from 930,422 to 1,313,851 units).

With the days of “endless” demand seemingly over, Tesla is going on the offensive by reducing its prices—a move that puts pressure on competitors, but has also angered existing owners.

Cranking up the Heat

Tesla’s price cuts are an attempt to protect its market share, but they’re not exactly the desperation move some media outlets have claimed them to be.

Recent data compiled by Reuters shows that Tesla’s margins are significantly higher than those of its rivals, both in terms of gross and (Read more...)

Tesla in 2023: A Return to Reality, The Start of the End or Time to Buy?



I am not much of a car person and view cars primarily as a mode of transportation. I drive a 2010 Honda Civic, a perfectly serviceable vehicle that is never going to get oohs and ahas from onlookers, but I feel no urge to value Honda. I don't own a Tesla, and have only driven someone else's Tesla, but as readers of this blog know, I valued Tesla for the first time in 2014, and I keep returning to the scene of the crime.  One reason is that no matter what you think of Elon Musk and Tesla, they are never boring,  and interesting companies are much more fun to value than boring ones. Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced,  interested into the broader insights about business and valuation that emerge from the company. Thus, almost everything I know and practice, when valuing young and start-up companies, I learned in the process of valuing Amazon in the 1990s. In the same vein, I have learned a great about the power of disruption and the capacity of a young company (and its founder) to change the way a large, inertia-bound business is run, in the process of valuing Tesla. As I will note in more detail in the post, I have been wrong, and sometimes hopelessly so, in some of my earlier valuations of Tesla, but that does not stop me from trying anew. It is (Read more...)

The Most Fuel Efficient Cars From 1975 to Today


This post is by Marcus Lu from Visual Capitalist


Most Fuel Efficient Cars

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Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist.
When do I need a license?
Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options.
Interested in this piece?
Click here to license this visualization.

The Most Fuel Efficient Cars From 1975 to Today

When shopping for a new car, what is the most important factor you look for? According to Statista, it’s not design, quality, or even safety—it’s fuel efficiency.

Because of this, automakers are always looking for clever ways to improve gas mileage in their cars. Beating the competition by even the slimmest of margins can give valuable bragging rights within a segment.

In this infographic, we’ve used data from the EPA’s 2022 Automotive Trends Report to list off the most fuel efficient cars from 1975 to today.

Editor’s note: This is from a U.S. government agency, so the data shown skews towards cars sold in North America.

Data Overview

All of the information in the above infographic is listed in the table below. Data was only available in 5-year increments up until 2005, after which it switches to annual.

Model YearMakeModelReal World Fuel Economy (mpg)Engine Type
1975HondaCivic28.3Gas
1980VWRabbit40.3Diesel
1985ChevroletSprint49.6Gas
1990 (Read more...)