All-Electric Tesla Model Y Now Best-Selling Car Worldwide
- Tesla's Model Y electric vehicle became the world's best-selling car in Q1 2023, the first time an all-electric vehicle achieved the top spot.
- The Model Y sold 267,200 units globally from January to March, a 69% increase from the year before.
- The Model Y surpassed Toyota's Corolla and RAV4 to take the number one position.
- Tesla's success comes as other automakers have been slow to develop competitive electric vehicles and Tesla has cut prices.
- While Tesla ranks only 19th in overall global vehicle sales, the Model Y was third for all of 2022, first in Europe and California, and fourth in China.