Tesla Model Y crossover sales are still going strong, even despite the EV market slowdown, with over one in three EVs bought in the US being Model Ys.
The global electric vehicle market took a hit in the first quarter of 2024, and this was also evident in manufacturers’ Q1 sales numbers. Q1 2024 US EV sales were still up year-over-year, but only by 2.6%, while the EV share out of the total number of vehicles sold dropped 7.3% compared to Q4 2023. Tesla felt the slowdown and was not able to deliver all the cars it built in this year’s first quarter, but its Model Y crossover was still the most popular EV in the US by far.
Tesla’s smallest sedan sold 30,842 vehicles this past quarter, considerably down on Q1 2023, when almost 55,000 units were sold. Model Y sales accounted for a 35.4% share of the entire US EV market in Q1, followed by Model 3 with 11.3%. In third place was the Ford Mustang Mach-E, which sold 9,589 vehicles and gained a 3.5% share. That’s up 77.3% compared to its Q1 2023 numbers. It’s followed by the Rivian R1S with 8,017 sales and a market share of 2.9%.
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