Tesla Model Y: World's Best-Selling Car in 2023

Tesla Model Y, best-selling car, electric vehicle

Tesla Model Y became the world’s best-selling car within four years of its release. Model Y has become the most sold car in the world in 2023 according to the car sales figures released by Jatto Dynamics. This is the first time an electric car has become the world’s number one selling car.

A large part of Tesla’s success, which has only been around for two decades, can be attributed to its Model Y car. The Model Y is also the best-selling car in Europe and China. Model Y topped the sales list from the start of 2023. The model topped the first quarter and maintained its excellence throughout the year.

Toyota occupied the second and third positions in the list of sales. The Toyota RAV4, which was the best-selling car in 2022, fell to second place in 2023 with the surge of the Model Y. Toyota’s hatchback model Toyota Corolla is in the third position. RAV4 and Corolla are Toyota’s evergreen models that have earned the trust of customers for more than three decades. Toyota is an automobile manufacturer with more than 90 years of experience.

Tesla sold 1.2 million Model Y cars worldwide last year. Another feature is that two-thirds of the passenger cars Tesla sold in 2023 were Model Ys. 10.7 lakh Toyota RAV4 cars were sold last year. The third-ranked Corolla has also sold 10.1 lakh units in 2023.

There are many reasons behind the Model Y’s sales boom. Sales have also been helped by Tesla’s Model Y price cuts several times over the past 12 months. The Model Y benefits from Tesla’s commitment to luxury and safety as an electric car manufacturer.

China also played a crucial role in the Model Y’s sales growth. American carmaker Tesla sold more than 4.56 lakh Model Y cars in China last year. Compared to 2022, the Model Y achieved a 45 percent sales growth in China. The Model Y continued its triumphant journey in Europe as well. In 2023, 2.55 lakh Model Y cars were sold in Europe. It is also noteworthy that Model Y has twice the sales in China. Last year, Tesla sold 18 lakh cars internationally. With sales of 17.7 lakh units, the Model 3 and Model Y accounted for the majority of this.

Summary:

Auto News, Tesla Model Y first EV to be crowned world’s best-selling car