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NEWS: Tesla Tops Toyota Takes Throne!

Tesla Model Y Surpasses Toyota as Best-Selling Car Globally, Shows Strong Market Demand and Growth Potential in California



NEWS: Tesla Tops Toyota Takes Throne!

Questions to inspire discussion:

❓ What vehicle was awarded the title of bestselling car overall in 2023?

Tesla Model Y


💬 How many units of the Tesla Model Y were sold in 2023?

1.23 million units


❓ What is Tesla's goal for vehicle delivery in 2030?

Tesla's goal is to deliver 20 million vehicles in 2030.


💬 Which state saw the Tesla Model Y surpass the combined sales of Toyota's Rav 4 and Honda CRV?

California


❓ What is one of the reasons the Model 3 appearing in inventories in North America is significant?

One of the reasons the Model 3 appearing in inventories in North America is significant is the possibility of delivering the Highland model 3 in January or the first few weeks of February, showing a quick changeover which is great news for Tesla's ability to deliver cars in 2024.


Key Highlights:

  • Tesla Model Y becomes the bestselling car globally in 2023, marking a historic milestone for electric vehicles.

  • Tesla Model Y surpasses Toyota and Honda sales in California, impacting global predictions.

  • Impressive early availability of the Highland model 3 in Toronto sparks optimism for Tesla's delivery capabilities and lineup growth.





Clips:

00:00 🚗 Tesla Model Y becomes the best-selling car globally in 2023, surpassing Toyota for the first time.

  • Model Y achieves 1.23 million units sold, marking a significant milestone for electric vehicles.

  • Model 3 starting to appear in North American inventories, indicating positive trends for Tesla.

  • Elon Musk accurately predicts Model Y as the top-selling vehicle, showcasing his consistent track record in forecasting.

  • Tesla aims to deliver 20 million vehicles by 2030, setting ambitious goals for the upcoming decade.


02:59 🚗 Tesla's Model Y surpasses Toyota and Honda sales in California, indicating strong market demand and potential growth.

  • Model Y outsells Toyota Rav 4 and Honda CRV in California with 132,000 units sold

  • California auto market serves as a predictor for global trends, supporting Elon's prediction of Model Y becoming top-selling vehicle worldwide

  • New upgraded Model 3 surprises market by arriving faster than expected, appearing in North America inventory

  • Model 3 now available in Toronto, raising questions on potential impact on Model Y sales and segment differentiation


05:51 🚗 Tesla is set to deliver the Highland Model 3 in early February, potentially boosting sales through leasing and FSD advancements.

  • Highland Model 3 deliveries expected in early February, benefiting Tesla's overall lineup.

  • Model Y remains eligible for tax credit in the US, potentially impacting Highland Model 3 sales.

  • Leasing the Highland Model 3 makes it eligible for tax credit, increasing potential deliveries by Tesla.

  • Future FSD advancements could lead to Tesla receiving back vehicles for resale or use in the Tesla Fleet Robotaxis.

  • Tesla's product lineup, including the Model Y, Highland Model 3, and upcoming Cybertruck, are highly sought after in the market.



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