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Wait, what? Scanning every recent year for individual model and/or company total sales Tesla doesn’t even crack the top 10 in any given year. How does Tesla mak

by Fezzik 2y ago

Wait, what? Scanning every recent year for individual model and/or company total sales Tesla doesn’t even crack the top 10 in any given year. How does Tesla make the best selling car? What am I missing… Edit: I didn’t scan close enough… in 2024 the Y was around the 4th best selling Model.

lotsofpulp 2y ago
In 2023, the Model Y was the best selling car. https://www.jato.com/resources/media-and-press-releases/tesla-model-y-worlds-best-selling-car-2023 https://www.jato.com/resources/media-and-press-releases/tesl... >As anticipated in JATO’s preliminary 2023 results, released in February, the Tesla Model Y made history last year. The midsize SUV secured top position in the global ranking as the first ever pure electric vehicle to lead the global market. And from a business perspective, it was the best selling car amongst the portion of the world with the most money to spend. That is a pretty impressive achievement for any business. >Impressively, the Model Y secured this position without a presence in most emerging markets, where it continues to be unaffordable for the majority of consumers. And Tesla indicates it sold a similar number of Model Ys in 2024, so it very well could hold the same title again. https://ir.tesla.com/press-release/tesla-fourth-quarter-2024-production-deliveries-and-deployments https://ir.tesla.com/press-release/tesla-fourth-quarter-2024...
youngtaff 2y ago
It’s because Tesla doesn’t have many models whereas other can makers have tens of models
andsoitis 2y ago
Tesla Y was best-selling car worldwide in 2024, followed by Toyota Corolla: https://www.statista.com/statistics/239229/most-sold-car-models-worldwide/ https://www.statista.com/statistics/239229/most-sold-car-mod... Tesla Y was also the best-selling car worldwide in 2023 (model 3 was in position 10) https://fiatgroupworld.com/2024/06/16/the-worlds-top-500-best-selling-cars-in-2023/ https://fiatgroupworld.com/2024/06/16/the-worlds-top-500-bes... Tesla Y was the 4th best-selling car world wide in 2022 (model 3 came in at position 7) https://ptcgroup.global/top-10-best-selling-cars-worldwide-in-2022/ https://ptcgroup.global/top-10-best-selling-cars-worldwide-i...
- AtlasBarfed 2y ago
  The most important word: "WAS". And even with that, the valuation of TSLA assumes geometric growth in sales to subsume legacy ICE consumer transportation with EVs. 2024 was flat at best, where the market DID expand geometrically for EVs. Those numbers also represented a "segment monopoly" by Tesla. If you wanted an EV in those years, you bought a Tesla. That is OVER. EVs and charging infrastructure, particularly in Europe are now fully competitive with Tesla. With "European" brands, and generally speaking full access to the superior Chinese models. What Tesla needed to do in 2022, 2023, and 2024 wasn't the techboy Cybertruck, it should have been Minivans, Delivery vans, a real pickup, compact car, euro compact car, large / medium / small SUVs (Model Y is a medium/small crossover), station wagons. They should have had cabin options, launched additional brands for ultraluxury and for more consumer price points. Can't do all that inhouse? They should have acquired a struggling ICE company for stock swaps and gained access to more production and platforms and parts suppliers, and could have released long range PHEVs using their battery packaging for additional scale/demand. Because Tesla no longer has any drivetrain or battery packaging advantages. Whatever profit margin they've enjoyed will be destroyed in competition. Arguably they have too much cylindrical NMC investment that they are behind the curve in battery supply and packaging with high density LFP and Sodium Ion being superior paths to a cheaper EV battery pack (greater cell to pack density, no wasted weight/space on cooling since LFP/Sodium Ion are much more stable than NMC). Tesla needed a huge amount of product diversification about five years ago when the Model Y was launched.

by Fezzik 2y ago

lotsofpulp 2y ago

In 2023, the Model Y was the best selling car. https://www.jato.com/resources/media-and-press-releases/tesla-model-y-worlds-best-selling-car-2023 https://www.jato.com/resources/media-and-press-releases/tesl... >As anticipated in JATO’s preliminary 2023 results, released in February, the Tesla Model Y made history last year. The midsize SUV secured top position in the global ranking as the first ever pure electric vehicle to lead the global market. And from a business perspective, it was the best selling car amongst the portion of the world with the most money to spend. That is a pretty impressive achievement for any business. >Impressively, the Model Y secured this position without a presence in most emerging markets, where it continues to be unaffordable for the majority of consumers. And Tesla indicates it sold a similar number of Model Ys in 2024, so it very well could hold the same title again. https://ir.tesla.com/press-release/tesla-fourth-quarter-2024-production-deliveries-and-deployments https://ir.tesla.com/press-release/tesla-fourth-quarter-2024...

youngtaff 2y ago

It’s because Tesla doesn’t have many models whereas other can makers have tens of models

andsoitis 2y ago

Tesla Y was best-selling car worldwide in 2024, followed by Toyota Corolla: https://www.statista.com/statistics/239229/most-sold-car-models-worldwide/ https://www.statista.com/statistics/239229/most-sold-car-mod... Tesla Y was also the best-selling car worldwide in 2023 (model 3 was in position 10) https://fiatgroupworld.com/2024/06/16/the-worlds-top-500-best-selling-cars-in-2023/ https://fiatgroupworld.com/2024/06/16/the-worlds-top-500-bes... Tesla Y was the 4th best-selling car world wide in 2022 (model 3 came in at position 7) https://ptcgroup.global/top-10-best-selling-cars-worldwide-in-2022/ https://ptcgroup.global/top-10-best-selling-cars-worldwide-i...

AtlasBarfed 2y ago
The most important word: "WAS". And even with that, the valuation of TSLA assumes geometric growth in sales to subsume legacy ICE consumer transportation with EVs. 2024 was flat at best, where the market DID expand geometrically for EVs. Those numbers also represented a "segment monopoly" by Tesla. If you wanted an EV in those years, you bought a Tesla. That is OVER. EVs and charging infrastructure, particularly in Europe are now fully competitive with Tesla. With "European" brands, and generally speaking full access to the superior Chinese models. What Tesla needed to do in 2022, 2023, and 2024 wasn't the techboy Cybertruck, it should have been Minivans, Delivery vans, a real pickup, compact car, euro compact car, large / medium / small SUVs (Model Y is a medium/small crossover), station wagons. They should have had cabin options, launched additional brands for ultraluxury and for more consumer price points. Can't do all that inhouse? They should have acquired a struggling ICE company for stock swaps and gained access to more production and platforms and parts suppliers, and could have released long range PHEVs using their battery packaging for additional scale/demand. Because Tesla no longer has any drivetrain or battery packaging advantages. Whatever profit margin they've enjoyed will be destroyed in competition. Arguably they have too much cylindrical NMC investment that they are behind the curve in battery supply and packaging with high density LFP and Sodium Ion being superior paths to a cheaper EV battery pack (greater cell to pack density, no wasted weight/space on cooling since LFP/Sodium Ion are much more stable than NMC). Tesla needed a huge amount of product diversification about five years ago when the Model Y was launched.