'Tesla Model Y Is The First EV To Become The World's Bestselling Car / The Tesla Model Y Outsold The Toyota Corolla In Q1, Despite Being Almost Double The Price' - The Verge
Portfolio Pulse from Happy Mohamed
Tesla's Model Y has become the world's bestselling car, surpassing Toyota's RAV4 and Corolla models in Q1 2023. The Model Y sold 267,200 units globally, a 69% YoY increase. Tesla delivered over 400,000 Model Y and Model 3 vehicles in Q1 2023, dominating the EV market.
May 26, 2023 | 2:56 pm
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POSITIVE IMPACT
Tesla's Model Y becomes the world's bestselling car, with 267,200 units sold in Q1 2023. This milestone highlights Tesla's dominance in the EV market.
The news of Tesla Model Y becoming the world's bestselling car is a significant milestone for the company. This achievement demonstrates Tesla's strong position in the EV market and its ability to compete with traditional automakers. The increased sales of Model Y will likely have a positive impact on Tesla's stock price in the short term, as it reflects the company's growth and market dominance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100