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New Delhi. The Tesla Model Y, the world’s best-selling car, has become the first electric vehicle. This thing has come to light in a report. According to data from Jato Dynamics, the Tesla Model Y has overtaken Toyota’s RAV4 and Corolla models to top the global sales rankings in the first quarter of 2023.
The 2023 Model Y starts at $47,490, which is significantly higher than the 2023 Corolla ($21,550) and RAV4 ($27,575).
Tesla Model Y sold 267,200 units globally in the first quarter this year, while 256,400 Corolla and 214,700 RAV4 units were sold. Tesla CEO Elon Musk also predicted in 2016 that the model would attract demand at the level of 500,000 to 1 million units per year.
In 2021, Musk predicted that the Model Y would take the top spot in the world.
We think the Model Y will be the best-selling car or vehicle of any kind in the world, he told investors. maybe next year. I’m not 100 percent sure next year, but I think it’s very likely.
Tesla remains the market leader in the electric vehicle (EV) market in the US, with more than 50 percent of its cars sold compared to the other 17 automotive groups.
According to Counterpoint Research, EV sales grow to represent 7 percent of all US passenger vehicle sales in 2022.
According to research analyst Abhik Mukherjee, Tesla dominates the US EV market while other automotive giants such as Ford, General Motors, Stellantis, Volkswagen and Hyundai are struggling to provide strong competition.
Moreover, with the recent price cut by Tesla and all variants of Tesla’s Model Y being eligible for EV tax credit subsidy, it is expected that Tesla will take even more market share, Mukherjee said.(IANS) )
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