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The Model Y also won the Best Company Car award at the 2024 Carbuyer Best Car Awards. [124] In 2024, the Tesla Model Y won Auto Trader New car of the year award. [125] Tesla Model Y also won Top Safety pick+ award from The Insurance Institute for Highway Safety. [126] Tesla Model Y also won Best family EV in parent poll by BabyCenter. [127]
Like clockwork, Tesla raised the price of the Model Y long range, currently the cheapest Model Y available, by $1,500 to $54,990. The Model Y Performance model also rose $1,000 to $57,990.
In 2023, the Model Y was the best-selling vehicle, of any kind, globally. [7] In January 2024, the Model Y became the best-selling BEV in history. [citation needed] Tesla is one of the world's most valuable companies in terms of market capitalization. Starting in July 2020, it has been the world's most valuable automaker.
Tesla has set up mobile-shipping-container "stores" [9] and 6 Airstream travel trailers each pulled by a Model X, reaching areas not served by brick-and-mortar shops. [26] [27] Tesla's strategy of direct customer sales and owning stores and service centers is different from the standard dealership model in the US vehicle marketplace. [28]
The first fully completed Tesla Model Y rolled off the line at Giga Texas in the last week of August 2021 under trial production. [33] In December 2021, Elon Musk estimated that Giga Texas will require a total investment of at least $10B and may employ as many as 20,000 employees within the company.
The Semi has had a slow launch and other vehicles promised in 2016, including a bus, second-generation Roadster, and lower-cost Tesla were yet to materialize by early 2023. [8] Tesla has made public statements about another mainstream electric car product that would follow the Model Y and would be considerably cheaper than the Model 3.
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