For the first time ever, an all-electric vehicle — the Tesla Model Y — is now the world’s bestselling car.
According to analyst data from Jato Dynamics published by Motor1, the Tesla Model Y has surpassed Toyota’s RAV4 and Corolla models to top global sales rankings in the first quarter of 2023 even though the price for the 2023 Model Y starts at $47,490 or more than the 2023 Corolla ($21,550) and RAV4 ($27,575).
The figures reported by Jato Dynamics reveal that the Tesla Model Y sold 267,200 units globally in the first quarter, compared to the 256,400 Corolla and 214,700 RAV4 units sold during the same period, or about a 69 percent year-on-year increase for the Model Y.
While a Tesla EV is currently the world’s bestselling vehicle, the company isn’t the biggest global automaker overall. Volkswagen
The Model Y placed third in the overall global rankings for 2022, breaking into sixth place on America’s list of the top ten bestselling cars, despite competition from trucks and full-size SUVs. Last year, it also became the bestselling vehicle in both Europe and California and the fourth bestselling in China after jumping 15 places from the previous year.