Elon Musk has announced that Tesla’s production capabilities will allow the Model Y to be the best-selling car in the world by 2023.
The traditional car continues to take the lion’s share of the car market, but every year electric cars are gaining ground. And it is not the current gasoline prices and the increasingly visible effects of climate change that are likely to reverse this dynamic. For Elon Musk, this could even be one of the Tesla models that would take first place in the ranking of the best-selling vehicles in the world from 2023.
The Tesla Model Y, a meteoric progression
Already the best-selling vehicle in the Tesla range, the Model Y is experiencing, year after year, a very big progression. It would already be, according to Musk, the most profitable car in the world. And the momentum should be confirmed in 2023, since the American manufacturer opened a new factory in Germany this year, while improving the production capacities of its other sites. What, still according to the CEO of the American manufacturer, will exceed the bar of two million vehicles produced next year, including a good half of Model Y.
A figure to be compared with the current holder of the title of the best-selling car in the world, the Toyota RAV 4, which sold just over a million copies in 2021. These forecasts are therefore particularly impressive, especially when you know the price of the Model Y, which still amounts to 60,000 euros.
A prediction to put into perspective
However, we should be careful with the announcement that has been made. Because Tesla’s production rate is closely linked to that of its factories located in China, heavily impacted by measures against the spread of COVID-19 this year.
Also, you have to remember where the ad comes from. Because if Elon Musk has undeniably succeeded in barely 15 years in making Tesla a key player in the automobile industry, he has in the past made several times statements that are as outrageous as they are unfounded. The soap opera that surrounded his announcement of the takeover of the social network Twitter (an operation ultimately aborted after weeks of public negotiations) is the most recent example. He was also singled out in 2019 by the SEC ( Security and Exchange Commission ), the American equivalent of the AMF. At the time, he had already been accused of artificially driving up Tesla’s stock market price by announcing on Twitter… an increase in electric car production capacity for the following year.