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Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

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71–80 of 642 posts

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#71
post #25

Seems a big part of this is Tesla's minimal and globally available product line (which I commend them for). Other automakers produce a huge number of variants within and between markets. That dilutes the sales of any single model.

For other car-makers they are bundling multiple SKU's. For example, the second place finisher is the Toyota Corolla/Levin/Allion/Lingshang which are all basically but not quite the same car.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#72

> There were 400 NTHSA recalls issued in 2022, impacting more than 25 million vehicles. Of those vehicles, Teslas scored four of the top five spots on the list, according to the price-tracking car search engine iSeeCars.com teslas are also expected to have the highest number of recalls over a 30 year lifetime https://www.autoweek.com/news/industry-news/a43625242/tesla-...

Most Tesla recalls are applied in owner driveways, while the owners are asleep, because they're software.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#73
post #6

I've heard some auto analysts suggesting that Tesla's trick to drop their car prices was not necessarily an act of desperation, as much as an action of opportunity. While all other car manufacturers are upping prices and increasing lead times, Tesla is taking advantage of this by having vehicles available and lowering prices in order to gain market-share in a time when other manufacturers are expecting and preparing…

Then why did Tesla jack up prices so much over the last few years? All part of the plan to gain market share?

Tesla inventory is at an all-time high. This seems a demand issue.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#74

What is this article even talking about. I don't have to know a single thing about cars or their economics to know clearly some Chinese or Indian brand I have never heard of and could not pronounce if I had is outselling the Tesla by 1000 fold. I cannot even imagine how cheap you could make a car without all of our regulations, its probably like $250.

The Wuling Mini is the best selling car in China in 2022, selling a half million cars to the model Y's 300,000. In Q1 2023, the model Y outsold the Wuling Mini.

BYD handily outsells Tesla in China, but it is split among something like 40 different models vs Tesla's 4.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#75
post #73
post #6

I've heard some auto analysts suggesting that Tesla's trick to drop their car prices was not necessarily an act of desperation, as much as an action of opportunity. While all other car manufacturers are upping prices and increasing lead times, Tesla is taking advantage of this by having vehicles available and lowering prices in order to gain market-share in a time when other manufacturers are expecting and preparing…

Then why did Tesla jack up prices so much over the last few years? All part of the plan to gain market share? Tesla inventory is at an all-time high. This seems a demand issue.

Does anybody sell more than 2 million >$70,000 vehicles a year? Tesla wants to sell 2 million cars this year and 3 million next year. The total market size for premium vehicles is only so big.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#76

What is this article even talking about. I don't have to know a single thing about cars or their economics to know clearly some Chinese or Indian brand I have never heard of and could not pronounce if I had is outselling the Tesla by 1000 fold. I cannot even imagine how cheap you could make a car without all of our regulations, its probably like $250.

The Wuling Mini is the best selling car in China in 2022, selling a half million cars to the model Y's 300,000. In Q1 2023, the model Y outsold the Wuling Mini. BYD handily outsells Tesla in China, but it is split among something like 40 different models vs Tesla's 4.

Whoa. The Wuling mini is like 4,800 USD to 4,400 USD, while the Model Y is $48,447. That Tesla is selling only 300k Model Y's vs 500k Wuling Minis is actually pretty good.

I've ridden in a BYD EV taxi before back in 2016, I haven't lived in China since then. It was OK. BYD should have a larger market share than Tesla in China, it would be weird otherwise.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#77

[flagged]

I mean, I think the Model Y is ugly, but I don't think this is anything specific to Tesla. All crossover SUVs are ass-ugly and I don't think it's possible to make one which isn't, but that hasn't stopped them from selling like hotcakes.

I don’t know, I really enjoy the body style on my 2017 Tiguan.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#78

[flagged]

Especially interesting that the company started succeeding during the time period that he was off playing with Twitter and running that toy into the ground.

That's obviously not true if you look at the deliveries per quarter chart.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#79
post #73
post #6

I've heard some auto analysts suggesting that Tesla's trick to drop their car prices was not necessarily an act of desperation, as much as an action of opportunity. While all other car manufacturers are upping prices and increasing lead times, Tesla is taking advantage of this by having vehicles available and lowering prices in order to gain market-share in a time when other manufacturers are expecting and preparing…

Then why did Tesla jack up prices so much over the last few years? All part of the plan to gain market share? Tesla inventory is at an all-time high. This seems a demand issue.

Tesla raised prices in order to reduce the time between order and delivery when customer demand got too hot. Raising prices also improved profit margins during a time of rapid capital spending. Now customer demand has cooled with the international economic slowdown, and lowering prices increases the time between order and delivery as more customers are enticed to order.

Re: Tesla Model Y overtakes Corolla to be world’s best-selling car in 2023

#80

Earlier quoted context omitted.

If the global auto market outcome doesn’t send strong signal, I don’t know what does. Consumers are willing to overlook what you mention for status and experience. This should be no surprise, as a vehicle purchase is highly emotional. If you build a sexy brand, people will buy your brand. “S3XY”. Tesla spent two decades ramping manufacturing, a global fast DC charge networks, and the mentioned brand. It’s simply payi…

That status only lasts until many people have one. Then the more subtle experience dynamics start weighing heavier on consumer decisions. I also think being environmentally conscious and the desire for durability is a much stronger incentive than the points mentioned.

Your logic is sound.

Tesla pundits predict big sales of Cybertruck wraps and accessories as customers seek the status of customization for an truck that many, many will end up having.

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