Toyota Corolla was overtaken by Tesla Model Y and became the world's best-selling model for the first time in history

Tesla announced that its Model Y achieved an unprecedented feat in 2023 and successfully became the world's best-selling model, creating history in the field of electric vehicles. This milestone is a sign of growing demand for electric vehicles and Tesla’s leadership in advancing sustainable transportation.

Tesla revealed that last year, the global sales of Model Y surpassed the Toyota Corolla and became the most popular passenger car in the world. Despite being almost twice as expensive as the Toyota Corolla, the Model Y still achieved this feat, fully demonstrating its strong market appeal. Reaching this milestone is further evidence of growing consumer demand for electric vehicles and Tesla’s leadership in the electric vehicle market. Tesla’s innovative technology, high performance and luxury features, as well as its global charging network, have all contributed to Model Y’s success. With the popularity of electric vehicles and technological advancement, Tesla has

It is understood that Tesla Model Y sales exceeded Toyota Corolla in the first quarter of last year. And stayed in the lead for the next three quarters. Especially in the Chinese market, Model Y's annual sales reached 646,800 units, surpassing popular models such as BYD's Song Plus, Qin Plus, Yuan and Nissan Sylphy, becoming the sales champion.

In addition, Tesla plans to carry out an important mid-term refresh of the Model Y, which has been on the market for four years, and is expected to be implemented in 2024. According to reports, Tesla plans to upgrade Model Y similar to the refreshed version of Model 3 in the second and third quarters to enhance its market competitiveness and consolidate its leadership position in the global electric vehicle market. This move will further enhance the appeal of Model Y and meet consumer demand for more advanced and innovative Tesla products.

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