One thing Tesla is known for is producing cutting-edge electric vehicles. Even though many other brands are moving into the EV space, Tesla still dominates that space. What else do you expect from a brand specializing only in electric vehicles? Certainly, to remain the pace-setter for others.
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However, Tesla vehicles are expensive for the average person who drives some of their potential customers away. To retain some customers, especially considering the tough year the brand had in 2022, they now have an affordable EV for 2023. The vehicle is no other than the 2023 Tesla Model 3.
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What’s The Starting Price Of The 2023 Model 3?
The 2023 Model 3 sedan will have a start price of $46,990. However, the Model 3 is still expensive compared to other EV cars like the Hyundai IONIQ 5 and the Chevrolet Bolt EV. But it’s still the most affordable Tesla in the market today. The 2023 Model Y Crossover SUV is the next affordable one, which costs $65,990.
Also, note that these prices are just for the base trim levels of these cars. It features a single-motor rear-wheel drive system. The prices increases if you are going for their higher trims.
Why The 2023 Tesla Model 3 Is The World’s Biggest-Selling EV
Besides being the most affordable Tesla, the 2023 Model 3 is also the best-selling EV. The driving force behind this is that it’s a mainstream EV affordable for Tesla lovers. It is cheaper than all Tesla cars, and many who couldn’t afford a Tesla before but want one can do that now.
As a result, many are running to get their hands on the Model 3. Tesla has sold over 500,713 units of it, making it #1 among the best-selling EVs.
Will The Model 3 Remain The Best-Seller?
While the Model 3 has been a huge seller, some reasons could make it lose that top spot. While Tesla has dominated the EV market, it now has fierce competitors like Chinese automakers, Hyundai, Kia, BMW, Volkswagen, and many more. And as they make their push for the top spot in the market, they could easily take over from Tesla.
Also, since the Twitter takeover, Elon Musk has been swaddled in bad PR, resulting in many Tesla customers cancelling orders and terminating leases. All of these could affect the rate of sales of Tesla in the future.
Conclusion
Tesla is still enjoying its position as a name brand that many dreams of. But there’s no certainty fierce competitors won’t rival the top spot with it over time.
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