this post was submitted on 06 Jul 2023
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Tesla

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About Tesla

Tesla Inc. (formerly Tesla Motors) is an energy + technology company originally from California and currently headquartered in Austin, Texas.

They produce electric vehicles (with a heavy focus on autonomy), batteries, and energy/solar products for the grid.

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

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Tesla's Model Y is making considerable waves in Australia, as recent sales statistics show a decisive tilt in the automobile market's preferences. For the first time ever, the Tesla Model Y, an all-electric SUV, outranked the Ford Ranger, solidifying its position as Australia's top-selling passenger car, excluding utility vehicles.

In a significant shift, the Tesla Model Y's sales surged in June 2023, with 5,560 vehicles reported sold, landing it as the second most popular new car in Australia, behind only the Toyota HiLux ute. This milestone marks the first time an electric vehicle has ranked second in Australia's new-car sales charts, a clear indication of the changing tides in Australia's automobile market.

Indeed, Tesla's Model Y's sales growth seems to have surpassed expectations. In year-to-date sales, the Model Y dethroned the Toyota RAV4, registering a total of 14,002 vehicles sold compared to RAV4's 13,523 from January to June 2023. With this, the Tesla Model Y became Australia's top-selling passenger vehicle for the first time.

Tesla's growth, especially that of Model Y, contributes to a larger trend of electric vehicle (EV) adoption in Australia. The Federal Chamber of Automotive Industries reported that 11,042 electric cars were sold last month, boosted significantly by the influx of Tesla vehicles. This performance outstripped hybrid vehicle sales, which stood at 9,020, showing that EVs are increasingly preferred by Australian consumers.

Electric vehicles accounted for 8.8% of all new motor vehicle deliveries in June 2023, an increase that industry analysts believe will continue to be the norm as more electric vehicles enter the market.

Despite general industry challenges, with automotive sales in the country facing a slowdown due to rising interest rates and cost-of-living pressures, Tesla seems to be defying the odds. The EV manufacturer's impressive growth may be a signal that consumers are ready to embrace more sustainable, electric-powered transportation options.

It's clear that the future of transportation in Australia is increasingly electric. Tesla, with the Model Y at the forefront, is riding the crest of this wave. Its record-breaking sales numbers are testament to the growing acceptance and demand for electric vehicles in the country. This also underlines the need for continued investments in EV infrastructure and sustainable transport solutions.

To conclude, the rise of the Tesla Model Y in Australia is a significant development for the EV industry. The vehicle's success could pave the way for increased adoption of electric vehicles across the country, setting the stage for a greener, more sustainable future.

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