For the first time, an electric car became the best-selling car in the world
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Tesla Model Y surpassed former leaders Toyota RAV4 and Corolla and took first place in the world ranking of car sales in the first quarter of 2023. Thus, for the first time, a fully electric car became the best-selling car in the world. This is reported by motor1.
Photo: tesla.com 1
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That’s especially impressive given that the 2023 Model Y starts at $47,490 in the US, which is significantly higher than the $21,550 Corolla and $27,575 RAV4.
Model Y sales increased by 69% compared to the same period last year.
Tesla Model Y sold 267,200 units in the first quarter of this year, setting a world record and ahead of the Corolla with 256,400 units and the RAV4 with 211,000 vehicles sold during the same period.
Elon Musk previously predicted that the Model Y would take first place in sales.
“We think the Model Y will be the best-selling car or vehicle of any type in the world. Probably next year,” he told investors in 2021, The Verge writes.
Then the Model Y fell short of that goal, but took third place in the overall global ranking for 2022, taking sixth place on the list of the 10 best-selling cars in America, despite stiff competition from pickup trucks and full-size SUVs.
Last year, Model Y also became the best-selling car in Europe and California and took the fourth place in sales in China, rising 15 positions compared to the previous year.
It should be noted that, although the Tesla Model Y has now become the best-selling car in the world, the Tesla company is certainly not the world’s largest automaker.
Volkswagen, Toyota, General Motors and Ford report higher revenues and sales volumes. Tesla is not even among the top ten largest car manufacturers in the world, taking 19th place in 2022.
Author: 
News editor Roman Myronchuk writes on the following topics: Economy, finance, banks, cryptocurrencies, investments, technologies
Source: Ministry of Finance
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