Motoring

Tesla Model Y topples Toyota RAV4, Corolla to become world’s top-seller

The Tesla Model Y topped the global new-car sales race last year – the first time an electric car has been the world’s top selling vehicle – but now we know by how much.

Data released by analytics firm JATO shows the Tesla Model Y clocked up 1.223 million sales versus the Toyota RAV4 tally of 1.075 million sales.

While Tesla Model Y demand has softened so far this year, it’s possible that could be indigestion from last year’s massive sales surge.

The Tesla Model 3 sedan also made it into the Top 10 – finishing 10th with 508,000 sales last year – ranking behind the Ford F-150 (623,000) and Toyota HiLux (605,000).

In Australia last year, the Tesla Model Y was ranked third in the passenger-car sales race (28,769 reported as sold) behind the Toyota RAV4 (29,627) and MG ZS (29,258).

However, when vehicles of all types are ranked, the Tesla Model Y finished sixth outright in the Australian new-car sales race last year after the Ford Ranger (63,356), Toyota HiLux (61,111) and Isuzu D-Max (31,202) rounded out the Top Three.

In a media statement JATO said the Tesla Model Y global tally in 2023 was an increase of 64 per cent compared with 2022 – an increase of 480,000 vehicles from the prior year.

The Tesla Model Y global sales total of 1.223 million was “a result achieved by no other manufacturer before”.

MORE: OUR MOST RECENT TESLA MODEL Y REVIEW

JATO says its data is based on a combination of actual sales numbers and estimations in some regions.

The data firm noted the Tesla Model Y secured its global top-seller status “without a presence in most emerging markets, where it continues to be unaffordable for the majority of consumers”.

“Tesla is a brand made for the developed world. While it cannot currently target these markets, there is potential for emerging markets to be explored as an additional source of growth in the future,” said JATO.

RankVehicleGlobal sales (JATO)Change from prior year
1Tesla Model Y1,223,000Up 64 per cent
2Toyota RAV4/Wildlander1,075,000Up 5 per cent
3Honda CR-V/Breeze846,000Up 18 per cent
4Toyota Corolla/Levin sedan803,000Down 19 per cent
5Toyota Corolla Cross/Frontlander715,000Up 35 per cent
6Toyota Camry650,000Down 2 per cent
7Ford F-150623,000Up 18 per cent
8Toyota HiLux605,000Down 4 per cent
9Nissan Sentra/Sylphy534,000Down 1 per cent
10Tesla Model 3508,000Up 5 per cent
Source: JATO global data, based on a combination of actual sales numbers, and estimations in some regions.

 

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