Tesla Model Y on track to become fourth best selling car in the world in 2022

signapore model y
Credit: Tesla

The Tesla Model Y is only a couple of years old, but it is already leaping up the sales charts and is currently on track to become the fourth best selling car in the world this year. This trajectory puts it on a path to have a shot at becoming the best selling car in the world in 2023.

Tesla unfortunately lumps together their Model 3 and Model Y sales together, so we don’t have an exact number for how many of the electric SUVs have been sold worldwide this year. However, according to an estimate by BloombergNEF the Texas-based automaker sold 200,000 in Q3.

Based on their previous estimates, this now brings the total number of Model Ys sold through the first nine months of the year to more than 500,000.

With both Giga Berlin and Giga Texas continuing their production ramp, and Fremont continuing to produce above its capacity, Tesla should be able to deliver another 250,000 to 300,000 in the final quarter, putting their annual total somewhere between 750,000 to 800,000 Model Ys sold.

If it does, that would put the Model Y comfortably in fourth place in the list of best selling cars in the world based on last year’s sales volumes.

The Model Y would place above vehicles like the Toyota Camry, Honda HR-V, and even the always popular Ford F-150.

Ahead of the Model Y would be only the Honda CR-V, and the Toyota Corolla and RAV4.

What makes this accomplishment remarkable is that all of the vehicles ahead of it, especially the Corolla, are sold at very different price points than the Model Y.

Before the Model Y was even released, CEO Elon Musk predicted it would become the best selling car in the world. Musk reiterated that belief earlier this year, saying it should become the best selling car in terms of revenue this year, and in terms of overall units next year.

Based on its performance so far in 2022, it looks like Musk’s prediction will come true after the Model Y has been on the market for less than five years.

First Tesla Model Ys from Giga Berlin arrive in Taiwan ahead of December deliveries

Source: Bloomberg

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Founder and Editor-in-chief of Drive Tesla Canada | Darryn@DriveTeslaCanada.ca Have a Tesla tip? Email tips@driveteslacanada.ca, or DM us on Twitter @DriveTeslaca