The Tesla Model Y invasion of Europe begins
Elon Musk, for his part, seems very confident about the Model Y’s potential. Back in April, Musk noted that the Model Y could very well be the world’s best-selling vehicle based on revenue in 2022. By 2023, Musk noted that the Model Y could probably be the world’s best-selling vehicle by total number of units sold annually by 2023.
A year before the pandemic in 2019, the top-selling car in the world was the Toyota Corolla with over 1.2 million models sold that year, calculated Statista.
In 2020, Tesla nearly produced 500,000 vehicles in total. Tesla Gigafactory Texas and Giga Berlin Model Y production could help the company reach sales numbers closer to the Toyota Corolla’s 2019 top-selling record. Giga Shanghai has already started Model Y production and will probably make significant contributions to meet Tesla’s goal for the product.
“Model Y production rate in Shanghai continues to improve quickly and two new factories Berlin and Texas are making progress,” wrote Tesla in its Update Letter for Q1 2021.
Edited by Victoria Watcher, 23 August 2021 - 08:04 AM.