Tesla Shows How High Model Y Market Potential Might Be

Tesla Shows How High Model Y Market Potential Might Be

by | Apr 30, 2020

Category: EV's

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Tesla has high ambitions and expectations for the Model Y, which might not only match but significantly expand on the Model 3 sales results.

Most recently, the company showed on a chart that the Model 3 noticeably outsold in the U.S. all of its main sedan competitors combined. The list of those main competitors includes Mercedes C-class, BMW 3-series, Audi A4/S4, Lexus IS, Jaguar XE.

The Model Y production and sales just started in Q1 (to be resumed in Q2), but assuming that the results will be similar, sales of the Model Y might be around 300,000 annually just in the U.S.

At least that is the combined result of all main crossover competitors (according to Tesla): Mercedes GLC, BMW X3, Audi Q5, Lexus NX, Jaguar F-pace, Porsche Macan.

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The installed manufacturing capacity of Model 3/Y in Fremont is 400,000 units annually and will be expanded to 500,000 later this year.

At least theoretically, Tesla should be able to crank some 300,000 or more Model Y.

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2020-04-30 13:12:41

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