Tesla Model Y was the best-selling car worldwide in the first quarter

[Zorro]

It's also the first time a pure EV topped the global sales rankings.

Tesla scored a huge milestone in the first quarter amid its crusade to ramp up global EV adoption — producing the best-selling car in the world.

But the electric vehicle maker may have paid a big price with lower profit margins.

A new report from data firm JATO Dynamics, along with automotive site Motor.1.com, found the Tesla Model Y was the No. 1 selling vehicle globally in the first quarter of the year, marking the first time an EV was the top-selling vehicle.

JATO said Tesla sold 267,200 Model Ys in Q1, up 69% from a year ago. The second-best-selling car was Toyota’s Corolla, with 256,400 vehicles sold globally. JATO’s data spanned 53 international markets, plus data and forecasts for 31 other markets and estimates for the balance of global markets.

https://finance.yahoo.com/news/tesla-model-y-was-the-best-selling-car-worldwide-in-the-first-quarter-154909234.html

[RussBLib]

1. Musk should be proud

It's quite an accomplishment. Couldn't have happened to a bigger ass.

[blm]

2. Remember, he cut the price significantly.

Tesla has dropped the starting price of its Model Y, and now the mid-size SUV costs $759 less than the average new car or truck in the U.S. The Model Y, the top-selling electric vehicle in the U.S. in 2022, now starts at $46,990, according to Bloomberg.

The cost of the Model Y was first dropped in January amid slowing sales and drops in Tesla's stock price, making both its all-wheel and long-range drives eligible for a $7,500 federal tax credit for electric vehicles.

https://www.cbsnews.com/news/tesla-drops-price-model-y-suv-under-average-cost-us-vehicle/

[msongs]

3. yeah but they can make it up in volume lol nt

[Celerity]

4. 3,610 registered here in Sweden in Q1 (around 100,000 US population adjusted), number 1 best seller

with the rebates the top of line sport version (a head-snapping 3.7 seconds for 0 to 100 km per hour) was less than 60,000 usd, and that is with massive taxes we pay

[JI7]

5. Don't like him and I would not buy a Tesla but I guess it's a good

thing that people are thinking of the environment when buying a car ?

[Ron Green]

6. Remember that the electric car is not to save the planet;

it’s to save the automobile industry.