Monday, July 15, 2024
NewsCould The Tesla Model Y sell more than the Ford F-150?

Could The Tesla Model Y sell more than the Ford F-150?

  • Tesla is still way ahead of the competition in the EV segment.

  • The Tesla Model Y outsold some very popular models in the US.

  • Chevrolet is second in the US with 7.1% of market share.


 

The domination of the Ford F-150 in North America could be under threat, if an article on the renowned Automotive News site is anything to go by. And this threat unsurprisingly comes from Tesla with its Model Y crossover.

Indeed, according to sales figures initially obtained by Experian, the number of new Model Y registrations from January to April 2023 rose to 127,541, roughly double the model’s sales last year.

Admittedly, the Ford F-150 sold almost 240,000 units in the first four months of the year, but the Model Y is a strong runner-up to the likes of the Honda CR-V and Nissan Rogue, for example. Even Tesla’s Model 3 sedan has seen its sales increase since the start of the current year. As for the brand’s other two vehicles, the Model S sedan and the Model X SUV, their sales figures remain marginal due to their higher prices.

In the United States, Tesla still dominates the electric vehicle market, with just over 60% market share. Chevrolet comes second with just 7.1% market share, while Ford takes third place with 4.9%. However, electric cars in general, all brands combined, account for just 7% of light vehicle registrations in the US.

After the United States, the world?

It will be interesting to watch the race between the Ford F-150 and the Tesla Model Y in the coming months, whether its in Canada or the United States. But this race could very well take place anywhere on the planet, as the brand’s most affordable pure-electric crossover is likely to become the best-selling personal vehicle on Earth.

It must be said that price cuts earlier in 2023 have greatly helped the Model Y to become popular again with the public interested in the electric windfall.

Will the Tesla Model Y surprise the auto world by becoming the best-selling vehicle on the planet, or even in North America? If it succeeds, the electric SUV will put an end to more than 50 years of pickup truck sales domination in Canada, and nearly 50 years in the United States.

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