On May 26th, according to JATO’s information and estimated data in 53 markets worldwide and other key markets, the Tesla Model Y became the best-selling car globally in the first quarter of 2023, currently leading competitors such as Toyota Corolla and RAV4 with sales of 267,200 units. Tesla has also confirmed this information on Weibo today.
▲ Image source motor1
Foreign media motor1 stated: “The success of the Tesla Model Y is due to its safety performance and spacious cargo space, as well as the brand’s rapid expansion and price reduction strategy.”
In the third quarter of last year, Tesla sold 747,500 Model Y cars, an increase of 91% over 2021. With the promotion of price reductions and global expansion strategies since the beginning of this year, the Model Y has grown by approximately 69% in the first quarter compared to the same period last year. The foreign media also stated that the Model Y has performed strongly in its core Chinese market, with sales growth of 68% in the United States, and has become the best-selling model in Europe.
▲ Image source motor1
Musk previously stated that he believed the Model Y had the potential to become the world’s best-selling car. Although this goal was not achieved last year, sales increased by 91% year-on-year, and it jumped to third place globally. Musk’s previous expectations have now been met, considering that the Model Y is Tesla’s best-selling model, and production is still increasing. Sales will continue to increase in the near future, and sales are expected to be even higher this year.
