An Electric Vehicle Was the Top Selling Car in the World

The Tesla Model Y sold over 1.2 million units in 2023, making it the best-selling vehicle, of any kind, globally. A remarkable achievement for a fully Electric Vehicle (EV).

January 24, 2024


In an unprecedented turn of events, 2023 marked the year when an electric vehicle (EV) became the best-selling car globally. This milestone, achieved by Tesla's Model Y, is not just a triumph for Tesla but a significant leap forward in the automotive industry's shift towards sustainability. The importance of an EV claiming this title cannot be overstated. It symbolizes a major shift in consumer preference and a growing acknowledgment of the urgency to adopt cleaner, more sustainable transportation solutions. This change indicates a broader acceptance and growing trust in EV technology, potentially heralding a new era where electric mobility becomes the norm rather than the exception.

Tesla Model Y

The Tesla Model Y, a battery electric mid-size crossover SUV, has been a game changer since its inception. Launched in 2020, it quickly gained popularity due to its blend of high performance, cutting-edge technology, and environmental friendliness. Built on the Model 3 sedan platform, the Model Y shares many of the sedan's attributes but offers more space, flexibility, and, in some versions, a third-row seating option to accommodate up to seven passengers - a feature particularly appealing in the American market. Its sleek design, impressive acceleration, and high safety ratings have made it a preferred choice for consumers looking for a vehicle that doesn't compromise on performance or eco-friendliness.

Competitive Landscape

While the Tesla Model Y has surged in popularity, it competes in a market traditionally dominated by more affordable options like the Toyota Corolla, Honda Civic, and the Toyota RAV4. These vehicles, known for their reliability and cost-effectiveness, have long been favorites in the global automotive market. However, the Model Y's success indicates a shift in consumer priorities, where environmental concerns and advanced technology are becoming as important as affordability. It's worth noting that the Model Y, while more expensive than these traditional competitors, offers a unique combination of features and benefits that increasingly justify its higher price tag in the eyes of consumers. To make the Model Y the top selling vehicle forced consumers to stretch their wallets a bit more.

A significant factor contributing to the Model Y's success is Tesla's extensive Supercharger network. This network, one of the most widespread and fast-charging networks in the world, greatly alleviates the common concern of EV range anxiety. With thousands of Superchargers strategically located along major highways and in urban areas, Tesla has made long-distance EV travel not only feasible but convenient. This infrastructure investment has been crucial in enhancing the appeal of Tesla's vehicles, including the Model Y, by ensuring that drivers have reliable and quick charging options wherever they go.

Another standout feature of the Model Y is Tesla's Full Self-Driving (FSD) software. While not fully autonomous yet, this advanced driver-assistance system represents a significant step towards fully autonomous vehicles. It offers features like auto lane change, summon, autopark, and navigate on autopilot, which significantly enhance driving safety and convenience.

Tesla rolls out FSD V12

Tesla has initiated the rollout of Version 12 (V12) of its Full Self-Driving (FSD) software, marking a significant shift in the landscape of autonomous driving technology. This new version, which began deployment in late December, is not just an upgrade; it's a complete architectural revolution, setting a new benchmark in the field of vehicle automation.

What sets V12 apart is its core reliance on Artificial Intelligence, a stark departure from the 300,000 lines of C++ code that underpinned its predecessors. Trained on data gleaned from over a million vehicles, V12 leverages AI to control every aspect of the vehicle's operation, including steering, pedals, and indicators. This shift from traditional programming to AI models is not merely a technical tweak but a fundamental transformation in how vehicles perceive and interact with their environment.

The AI-driven approach of V12 offers several advantages. By processing real-world data from Tesla's extensive fleet, the system continuously learns and adapts, promising enhanced safety and smoother driving experience. This is particularly crucial in complex driving scenarios where traditional code-based systems might falter.

Tesla has announced that more customers will gain access to V12 in 2024. This expanded rollout is not just a milestone for Tesla but for the automotive industry as a whole, signaling a shift towards more sophisticated and reliable autonomous driving systems.

Controversies

Tesla's Full Self-Driving (FSD) Beta has stirred controversies, primarily centered around safety concerns after reported accidents and near-misses, raising questions about its reliability. Additionally, Tesla, under Elon Musk's leadership, has faced criticism for overpromising the capabilities of FSD, including the yet-to-materialize robotaxi network, fueling further debate about the technology's readiness. Regulatory scrutiny and the misuse of FSD by some users, pushing it beyond safe operational limits, have also contributed to the controversy. Moreover, the term "Full Self-Driving" has been contentious, as it may mislead the public about the level of human oversight still required. Despite these issues, there is cautious optimism that the upcoming FSD version 12 (V12), with its advanced AI-driven architecture, could address many of these concerns. V12's enhanced learning capabilities and improved performance are anticipated to bring significant improvements in safety and reliability, potentially fulfilling some of the long-standing promises and laying a firmer foundation for future developments like the robotaxi network.

Tesla Supercharger Station
Tesla Supercharge Station