Connect with us

Hi, what are you looking for?

CleanTechnica

Cars

Nearly 80% Of Tesla Model Y Buyers Come From Fossil Fuel Vehicles, Data Implies

Someone named Troy (or “Troy Teslike” on Twitter) has been fastidiously tracking Tesla Model 3 and Tesla Model Y orders for the past several years. Troy has consistently gotten so much participation that he has very reliable and useful data on new Tesla buyers that you can’t get anywhere else.

Toyota Prius conquest sales Tesla Model Y

Someone named Troy (or “Troy Teslike” on Twitter) has been fastidiously tracking Tesla Model 3 and Tesla Model Y orders for the past several years. His data is crowdsourced — Tesla reservation holders input their info and update it as their vehicles go through the system. Troy has consistently gotten so much participation that he has very reliable and useful data on new Tesla buyers that you can’t get anywhere else.

So, it is quite interesting to see data he has collected on Tesla Model Y buyers. According to his findings, nearly 80% of Model Y buyers are replacing fossil fuel powered vehicles.

The data show 15.7% of Model Y buyers are replacing another Tesla, mostly the Model 3 (11.4%). For another 3%, the Model Y is their first car.

Approximately 2% are replacing the Chevy Bolt EV, 1.8% the BMW i3, 1.3% the Chevy Volt (PHEV), 1.1% the Nissan LEAF, and 0.3% the Ford Fusion Energi (PHEV). That’s not even 5% of Model Y buyers coming from non-Tesla plugin vehicles.

Note that the data have changed a bit since he tweeted this out, and I’m using percentages of the current data in the paragraphs above.

I always find conquest sales a fascinating topic, and especially with a new model like this. Well, the only “new model like this” we’ve had on the market before the Model Y is the Model 3. In this case, similar to the Model 3, the Toyota Prius is the non-Tesla vehicles on top of the replacement list, showing yet again that Toyota’s green/hybrid/efficient reputation is being demolished by Tesla.

And the BMW 3 Series is again in the top 5, as is the BMW X3 if you don’t count the Tesla models (I wouldn’t).

Otherwise, though, as Tesla CEO Elon Musk responded when I asked him about Model 3 conquest sales on a Tesla shareholder call back in 2018, buyers just come from a large variety of other models. That is one of the beauties and wonders of the Tesla-buying “community” — it comes from all over the place.

Want to buy a Tesla Model 3, Model Y, Model S, or Model X? Feel free to use my referral code to get some free Supercharging miles with your purchase: https://ts.la/zachary63404

You can also get a $100 discount on Tesla solar with that code. No pressure

 
 
 
Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

You May Also Like

Clean Transport

For the last couple of months, something has really been grinding my gears, but I figured it was a fad that was going to...

Clean Transport

Monthly sales of new plug-in electric vehicles (PEV), including all-electric vehicles (EV) and plug-in hybrid electric vehicles (PHEV), reached 7.4% of all light-duty sales...

Clean Transport

Last year, I shared details that came out of an online Arizona DOT meeting about its plan for federal Infrastructure Bill funds, also known...

Clean Transport

Amazon and Tesla have both faced difficult economic landscapes over the past year or so, and both of their stocks have reflected this to...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.