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Home > Science and Technology News > The world's best-selling car brand according to 2023 data has been announced

The world's best-selling car brand according to 2023 data has been announced

Tesla, the giant of the electric vehicle market, has become the world's best-selling car following its final quarter results.

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Published: 25.01.2024 17:07 Updated: 25.01.2024 17:08
The world's best-selling car brand according to 2023 data has been announced

Tesla, as officially announced recently, closed the final quarter of 2023 with a total revenue of 25.2 billion dollars. Achieving a 3 percent increase in the final quarter compared to the previous year, the company managed to generate 96.8 billion dollars in total revenue for 2023.

15 BILLION DOLLARS IN NET INCOME

According to the statement, 82.4 billion dollars of the revenue came specifically from automobile sales. Seeing a 15 percent revenue increase in 2023 compared to 2022, the company closed the year with a net income of 15 billion dollars. What brought the company to the agenda before this was the Tesla Model Y becoming Europe's best-selling car in 2023. The Tesla Model Y, which Tesla produces in Germany and also sells in Turkey, made history as the first electric car to earn the title of Europe's best-selling car for the year.

GAINED ACCLAIM IN EUROPEAN MARKETS

The vehicle, which is calculated to have surpassed 254 thousand sales in total, has truly gained great acclaim in European markets. As we learned today, the Tesla Model Y has also become the world's best-selling car. According to Jato's data, the vehicle managed to surpass the Toyota RAV4, which sold 1.07 million units, and the Toyota Corolla, which sold 1.01 million units, by selling 1.23 million units.


News Source: 12punto

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Europe electric car Tesla Model Y