Tesla Model Y will become the world's best-selling car in 2023!

Musk predicted in April 2021 that Model Y would become the world's best-selling car model, but he was not sure whether it would happen in 2022, but he believed that Model Y, an SUV, would surpass TOYOTA in 2023 and become the world's best-selling car. Champion, according to the data from Focus 2 Move, the sales of Model Y will increase by an astonishing 88.5% from 2021 to 2022. 786,303 vehicles, a difference of only 27,511 vehicles.

The Model Y will be the best-selling car in 2023

It is quite obvious that Model Y will become the best-selling car in the world in 2023. It is mainly observed from three aspects: capacity, demand, and competition.

Production capacity: Judging from the sales demand of Tesla Model Y, it will increase by about 60% in 2022. Such a large production capacity growth will definitely not be a problem if it wants to become the world's best-selling car model in 2023. According to Musk's According to the Q4 earnings conference call, Tesla plans to produce about 1.8 million electric vehicles in 2023, an increase of about 37% over 2022, but it is also possible to reach 2 million electric vehicles in 2023, that is, possible grow to a rate of 52%.

Demand: After the continuous large-scale promotions and price cuts in the past few months, Bank of America predicted that Tesla’s demand will increase significantly to 53%. Musk also stated in the Q4 earnings conference call that the number of orders received this year is The record high in the past, and the current prices of Model Y and Model 3 are comparable, and many people who want to buy Tesla may directly consider buying the Model Y car with more space.

Competition: The current price of TOYOTA Corolla is half of that of Model Y. If Toyota wants to continue to be the best-selling car in the world, it must have a more substantial price cut to compete. However, in recent years, various car manufacturers They are all working hard to develop new electric vehicles, and maybe BZ4X may replace Toyota Corolla in the future. This sales volume is not certain.

The world's top five best-selling cars

According to data from Focus 2 Move, the top five car models sold globally include: Toyota Corolla, Toyota RAV4, Ford F-Series, Tesla Model Y, and Toyota Camry, and the growth rate of Model Y has reached an astonishing 88.5%.