Tesla Model Y still dominates in California

The Tesla Model Y is definitely becoming more ubiquitous on California’s roads. This was highlighted in a new report from the California New Car Dealers Association (CNCDA), which showed that Tesla’s all-electric crossover topped the list of the state’s best-selling vehicles in the third quarter.

According to the CNCDA report, Tesla sold 61,544 Model Ys in California in the third quarter, effectively making it the best-selling vehicle in the state. The Model Y’s sister model, the Model 3, also ended the third quarter of 2022 strong with 56,851 units sold in the quarter. This is particularly impressive for Tesla’s two mass-market cars, considering the Model Y and Model 3 are both premium EVs that cost more than other top-selling vehicles on the market like the Toyota Camry and Honda CR-V.

Even more impressive was the fact that the California new car market actually declined 16.1% in the first three quarters of 2022 compared to the same period in 2021. CNCDA President Brian Maas noted that there are concerns about the state’s auto market, such as rising interest rates and the overall cost of new cars. “I think what’s happening in our market is that there aren’t enough vehicles to meet the demand,” Maas said.

The median price of a new car has also risen to over $45,000, which is a new high. In all, more than 1.2 million cars have been sold in California since the beginning of the year, but 2 million vehicles was widely viewed as a more conventional target. In this environment, Tesla has done particularly well with its high-priced offerings such as the Model Y. Maas noted that Tesla’s performance is not surprising given the company’s vehicles appeal to the country’s car buyers.

“It’s not surprising. I think Tesla has done a very good job of appealing to California buyers who are interested in the brand and making the switch to electric vehicles… It’s not surprising that people who want these vehicles are willing to buy more pay,” said Maas.

Tesla currently lists the Model Y Long Range at $65,990 pre-incentives, while the Model Y Performance, the vehicle’s top trim, is listed at $69,990 pre-incentives. This makes the Model Y very expensive, but it’s also hard to argue against the vehicle given what it offers customers in terms of features, performance and safety.

Check out the data from California for the third quarter of 2022 below.

California Covering 3Q 22 FINAL by Simon Alvarez on Scribd

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Tesla Model Y still dominates in California