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They have the best selling model but they only have a few models. Other companies don't have any single model that outsells the Tesla model Y, but they have mor
by tzs 2y ago
They have the best selling model but they only have a few models. Other companies don't have any single model that outsells the Tesla model Y, but they have more models and that adds up.
For example in 2023 Tesla sold 1220k model Y, and 508k model 3. Toyota's best seller was the RAV4 at 1070k and their number 2 seller was the Corolla at 803k, so even just looking at the top 2 for the two companies Toyota sold a little more. But Toyota has 3 more models that also sold less than Tesla model Y but more than model 3: The Corolla Cross at 715k, Camry at 650k, and HiLux as 605k.
Worldwide, Tesla has 2.77% of the market, which is tied with Audi. Here's the market share of the companies that sell more: 11.07% Toyota, 6.41% VW, 4.87% Honda, 4.82% Ford, 4.56% Hyundai, 3.84% Nissan, 3.77% Suzuki, 3.53% Kia, 3.48% Chevrolet, 3.47% BYD, and 2.67% Mercedes-Benz.