Elon Musk May Have Been Right, His Tesla Model Y Guess Could Come True Tesla CEO Elon Musk often gets to prove to people that he was right all along, and another such opportunity may come soon enough.
Tesla CEO Elon Musk said some time ago that the Model Y would outsell all of Tesla's other cars, and by a wide margin. This came as a surprise since it's much more expensive than the popular Model 3. The CEO went on to predict that the Model Y would eventually become the best-selling car in the world. Many people thought he was crazy, but there's a much better chance of it actually happening than you might think. When the Tesla Model Y first debuted, it was a bit of a disappointment to many people. The entire unveiling ceremony revolved around the history of Tesla, and the electric crossover was barely present. When it was finally shown, it wasn't shown in great detail, and there was no look at the third row. All you could really tell was that it wasn't much more than an inflated Model 3. That said, the Model Y has been selling exceedingly well across the globe. In fact, it already made some top sales lists in 2022, and Tesla's sales stand to be much stronger in 2023. While many people love to pick on Elon Musk for his wild ideas and terrible timelines, he often proves them wrong. Sure, there are some promises Musk has made that have come true very late or still not come to fruition, but many of his dreams people doubted years ago are already a reality. If all continues to move forward as it has thus far this year, Musk could have another "I told you so" moment. According to Electrek, Musk said in 2016 that the Model Y would create demand for 500,000 to 1,000,000 units per year and eventually become the world's best-selling passenger car of any kind. Keep in mind, it didn't even come to market until 2020. In 2022, Tesla noted that the Model Y would soon keep pace with the top-selling Toyota Corolla, which sees some ~1.2 million units sold per year. Tesla could inform us during its upcoming earnings meeting that the Model Y is already on track to become the best-selling car in the world as early as this year. It topped all rivals in China, the world's biggest automotive market, for Q1 2023. Meanwhile, in the world's second-largest car market, the US, early data points to the Model Y being the best-selling passenger car for the quarter. The Model Y is also breaking sales records in many European markets, and Tesla has ramped up its production at Giga Berlin to 5,000 copies per week. Tesla is also ramping up production at Giga Texas while constantly making tweaks and upgrades in Fremont and Shanghai. Tesla aims to produce some 1.8 million EVs globally in 2023, though Musk has said the company could possibly achieve 2 million. If everything falls into place as planned, the Model Y has a very good chance of being the best-selling car in the world. What do you think? Leave us your words of wisdom in the comment section below. On Saturday, April 22, 2023, 4:56 AM, EV List Lackey via EV <ev@lists.evdl.org> wrote: Chinese EV dominance hastens end of petrol engine era Issued on: 22/04/2023 - 09:14 https://www.france24.com/en/live-news/20230422-chinese-ev-dominance-hastens- end-of-petrol-engine-era or https://v.gd/YYqNoM "This year's Shanghai Auto Show signalled the end of the petrol engine era in China, as domestic electric vehicle brands drive change across the sector and leave foreign companies in the dust, analysts and industry insiders said. "Government support for EVs and growing interest from a vast consumer base has assured Chinese companies' dominance of their home market, the world's largest -- and they are now beginning to set their sights overseas. *** "According to the China Association of Automobile Manufacturers, electric vehicles made up a quarter of car sales in the country in 2022, a year-on- year increase of 94 percent. *** "China has dedicated huge resources to the industry. "They skipped developing petrol engines because they can't compete with the rest of the world," said Richards. "So they thought: '(With EVs) we can get a head start in front of everyone else'." *** "The supporting infrastructure was built too -- the government says there are now more than 5.8 million charging piles in China. Guangdong province alone has around three times as many public chargers as the whole of the United States, according to Bloomberg data. *** Some are smashing the cash barrier that put EVs beyond the means of the average consumer. In Shanghai, China's Geely exhibited its boxy Panda Mini - - including a bright yellow one with the phrase "what the duck" emblazoned on its side. The cheaper versions cost around $5,800. "In the future, homegrown technology could drive prices down even further. Battery giant CATL has developed a cell that uses sodium instead of lithium ions, the former both more abundant and cheaper than the latter. Just before the show opened CATL announced those batteries would be incorporated into domestic brand Chery's cars. *** "And Chinese EV companies have already begun to make inroads abroad. The biggest of them, BYD, set up shop in Norway then expanded onwards, and others are following." https://www.france24.com/en/live-news/20230422-chinese-ev-dominance-hastens- end-of-petrol-engine-era or https://v.gd/YYqNoM David Roden, EVDL moderator & general lackey To reach me, don't reply to this message; I won't get it. Use my offlist address here : http://evdl.org/help/index.html#supt = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = On two occasions I have been asked [by members of Parliament], "Pray, Mr Babbage, if you put into the machine wrong figures, will the right answers come out?" I am not able rightly to apprehend the kind of confusion of ideas that could provoke such a question. -- Charles Babbage = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = _______________________________________________ Address messages to ev@lists.evdl.org No other addresses in TO and CC fields HELP: http://www.evdl.org/help/ -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20230422/3b66ee01/attachment.htm> _______________________________________________ Address messages to ev@lists.evdl.org No other addresses in TO and CC fields HELP: http://www.evdl.org/help/