Home Latest News Tesla Model Y Expected To Become World's Best-Selling Car – InsideEVs

Tesla Model Y Expected To Become World's Best-Selling Car – InsideEVs

The Tesla Model Y has undoubtedly been a resounding success. By far the most dominant electric crossover from a sales perspective, the Model Y is now on track to become the world’s best-selling car.
Speaking at Tesla’s annual shareholder’s meeting, CEO Elon Musk claimed the Model Y will be the world’s best-selling vehicle from a revenue perspective this year. Furthermore, Musk stated that the Y will be the world’s number one vehicle when it comes to overall sales volume in 2023.
Currently, the Toyota Corolla is the world’s highest-selling vehicle. Approximately 1,150,000 were sold last year. For comparison, Tesla as a whole sold 936,222 vehicles in 2021. However, the firm is rapidly increasing sales volume each year and is on track to sell over 1.3 million cars in 2022 – and that’s despite ongoing supply chain issues. When such problems are¬†alleviated, and Giga Texas and Giga Berlin are running at full capacity, it is quite plausible that the Model Y could become the world’s best-selling vehicle by overall volume.
The Model Y’s continued sales success is even more remarkable when you consider how expensive it is. Never before has a $70,000 car sold roughly 150,000 units per quarter (Tesla only gives combined Model 3/Y sales figures, so precise¬† Model Y sales are unknown). Moreover, Tesla’s decision to exclusively focus Giga Berlin production on the Model Y means European deliveries are being fulfilled at a much faster rate than before.
What are your thoughts on the Model Y? Do you think it’s worth $67,440? Let us know in the comments section below.
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Source: Electrek.co
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An Open Source activist, who pursues his passion for tech blogging. In early years of his life, he worked as market analyst for a number of companies. Martin has been writing reviews and articles for a local magazine for last five years.