The Tesla Model Y is gaining ground at a frightening rate in the general CA automotive market

0
0 0
Read Time:2 Minute, 44 Second

When Tesla CEO Elon Musk said on the first quarter 2021 earnings call that he thought the Model Y would “very likely” be the world’s best-selling car in the future, many were skeptical. . The Model Y, after all, is a high-end car, and Tesla’s annual vehicle production is only a fraction of what traditional automakers could regularly achieve.

The figures of the New report from the California New Car Dealers Association would show that Musk might be onto something. As seen in the CNCDA report, the Tesla Model Y became the second best-selling car in the state in 2021, about 1,200 units behind the Toyota Camry. That’s quite a feat, considering the Golden State is the largest auto market in the United States.

For 2021, the Tesla Model Y has sold a total of 60,394 units. Its stablemate, the Model 3, also did very well, selling a total of 53,572 units sold during the year. At the top of the state’s car sales was the ubiquitous Toyota Camry, which sold 61,599 units in 2021. As CNBC host Phil LeBeau noted during a scream box segmentModel Y sales in California in 2021 have been particularly impressive since the vehicle has only been on sale in the state for less than two years.

This meant that in the short time that had elapsed since it was available, the Model Y saw so much demand and momentum that it effectively overtook its competitors, including its own sibling, the Model 3. The fact that the all-electric crossover has come to hit the Toyota Camry’s distance is pretty crazy, since the Model Y is sold virtually ad-free and costs nearly double the price of the ubiquitous family sedan.

The Model Y’s rate of growth is something almost frightening, especially for seasoned automakers who are just getting started in the EV game. It’s also hard to deny the accomplishments of the all-electric crossover, as the Model Y entered the scene at a time when Tesla can no longer tap into the federal tax credit. This suggests that the Model Y’s achievements to date have been achieved through the vehicle’s own merits. Tesla has certainly benefited from this, as the company is now the 5th most popular automaker in California.

In terms of numbers and performance, the Tesla Model Y is the company’s most conservative vehicle. It’s not as attractive as the Model 3 and Model S, and it’s not as fast or packed to the brim with tech as its big brother, the Model X. Still, within the vehicle’s conservative spec (at least by Tesla’s standards) there is a noticeable balance – one that makes the Model Y accessible to the average car buyer, and one that makes the vehicle the ideal entry car into the emerging world of modern electric vehicles – and which in itself is a lethal combination on its own.

The new report from the California New Car Dealers Association can be viewed below.

Cal covering 4Q 21 through Simon Alvarez on Scribd

Feel free to contact us with new tips. Just send a message to [email protected] to give us a heads up.

The Tesla Model Y is gaining ground at a frightening rate in the general CA automotive market






Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Share.

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%