Tesla Model Y Downs 53-Year-Old Record In Norway, Tops Safety Ratings In Australia
Tesla’s Model 3 shocked the world, took the auto market by storm, and once production capacity ramped up, was sold and delivered to millions of homes around the world. But it didn’t take long to realize that the Model 3 wouldn’t be Tesla’s best selling vehicle for long. The Model Y, essentially the Model 3 but a bit taller, bigger, and more spacious — a crossover — was destined to be Tesla’s sales champion. Last year, Tesla CEO Elon Musk predicted the Model Y would become the best selling automobile in the world. In August 2016, when Musk predicted the two vehicles would probably sell 500,000–1,000,000 units per year each, I argued that demand could easily be much higher. We are essentially on track for Elon Musk’s target. We’ll see what happens after that.
Tesla Model Y Breaks 53-Year-Old Auto Sales Record
On the Tesla Model Y’s rise up the sales ladder, it has been the top seller in numerous markets for at least one month, sometimes more. But perhaps the biggest nod to its success comes from a small northerly country in Europe. Norway has long been the world’s EV sales leader in terms of the share of auto sales that are electric — electric vehicle adoption. (About 90% of new vehicle sales in Norway are plugin vehicle sales.) Now, it’s got another record to put on its giant EV records wall. In 1969, 16,699 Volkswagen Beetles were sold in Norway. Since then, no vehicle has had more sales in a single year in Norway. However, the Tesla Model Y had other plans — or one can say Model Y buyers did. The Model Y has just broken the 1969 Beetle’s record — surely with some of the same buyers sharing in both records.