Tesla has just hit another production milestone. Tesla Gigafactory Texas has reached a production rate of 3,000 Model Y (Model Ys?) per week. That's 156,000 Model Y SUVs/crossovers per year from this new factory, but
Just looking at the USA, since that is the market Tesla Giga Texas supplies,that Tesla sold 57,000 Model Y in the country in the 3rd quarter. 156,000 vehicles from Texas would supply nearly three quarters of demand for the Model Y based on that data. If you look more broadly at the US EV market, aside from the Model 3, there is no model that compares in sales volume.
GM and Ford have been ramping up production and aim to sell more of those models in 2023. Neither of them look likely to reach 156,000 sales a year in the USA in 2023, let alone 200,000+. The Ford Mustang Mach-E is getting a serious bump up to 270,000 units a year by the end of 2023, but that is fordistribution. The Mustang Mach-E is sold in 37 countries, and that number will surely climb in 2023 as well.
“When we put the pony on this Mustang, we knew we’d have skeptics. What we didn’t quite know then was just how popular this car would become,” said Darren Palmer, vice president for electric vehicles at Ford’s EV division known as Ford Model e. “I love seeing Mustang Mach-E vehicles on the road and talking to customers, and I am seeing more and more of them.”
You might call the Mustang Mach-E the Model Y’s top non-Tesla competitor. Though, in such a young electric vehicle market and with so much consumer demand for electric vehicles, I see them as cooperators in an effort to de-ICE small and midsize SUVs in the United States and beyond.
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