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Reading: Tesla to replace Toyota as highest selling car brand in California
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EV-a2z > News > Tesla to replace Toyota as highest selling car brand in California
News

Tesla to replace Toyota as highest selling car brand in California

EV-a2zm
Last updated: 2023/02/15 at 5:57 PM
EV-a2zm Published February 15, 2023 3 Min Read
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Toronto, Ontario Canada - August 23rd 2019 Photograph of a red Tesla model 3 indoor with reflections of a lot of light.
Toronto, Ontario Canada - August 23rd 2019 Photograph of a red Tesla model 3 indoor with reflections of a lot of light.
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Tesla’s second most popular offering, Model 3, ultimately beat California’s former best-selling car Toyota Camry in 2022, as per California New Car Dealers Association’s (CNCDA) Q4 2022 auto outlook.

Contents
Tesla threatens Toyota’s positionBrand market share

Tesla Model 3 becomes best-selling car in California, first EV to top the list. @elonmusk pic.twitter.com/CbnquddCbA

— Tesla Owners Silicon Valley (@teslaownersSV) January 12, 2022

Since then, the Tesla Model 3 has been jokingly referred to as the “California Camry” in the Golden State.

Tesla threatens Toyota’s position

As mentioned, Tesla Model 3 dominated California’s passenger car market with 78,934 registrations, with a 15% market share. It overthrew the current California King Toyota with only 55,967 registrations for its best-selling model Camry, accounting for 10.2% of the passenger car market. Meanwhile, the Toyota Corolla landed the third spot with 39,865 new registrations.

ModelNew registrations
Tesla Model 378,934
Toyota Camry55,967
Toyota Corolla39,865

The top two selling cars of 2022 in California:
Tesla Model Y
Tesla Model 3
@elonmusk pic.twitter.com/OxVxsb1v37

— ChargeGo (@ChargeGoGroup) February 10, 2023

Remarkably, Tesla is in a very progressive momentum in California. The American EV giant managed to push the Tesla Model Y to rank first in California’s top light truck category in 2022, based on the new car registration data provided by the CNCDA.

Tesla recorded 87,257 registrations for the Model Y, accounting for 7.6% of the market. It was followed by Toyota’s RAV4, with only 59,794 unit registrations in 2022.

ModelNew registrations
Tesla Model Y87,257
Toyota’s RAV459,794
Ford F-Series40,232

Meanwhile, Toyota Tacoma dominated the compact/mid-size pickup truck market with a 46.2% market share.

Brand market share

However, Toyota is still ahead of Tesla in terms of market share. In 2022, Toyota accounted for 17.3% of the Golden State’s overall auto market. It is followed by Tesla, with an 11.2% market share. The top five are completed by Ford (8.4), Honda (7.9%), and Chevrolet (6.8).

Nonetheless, it must be observed that Toyota’s sales trend is declining. Meanwhile, Tesla continues to increase its market share to 54% from 2021 to 2022. As the previous report claimed, Toyota’s market share and its premium brand Lexus dropped 14% in 2022 from a year ago.

“Tesla buyers today are historically Honda and Toyota buyers of the past. They’re switching over to Model 3s and Model Ys.”

EVAdoption CEO Loren McDonald

Tesla’s advancement in California is not surprising, given its significant price cuts, federal tax credits eligibility, and cutting-edge EV portfolio. It would be exciting to see Tesla overthrow its Japanese rival in the coming years.

Tesla Model 3 in California

$42,990
– $7,500 federal tax credit
– $2,000 California state rebate
– $4,200 fuel savings

Equivalent total cost of ownership to a $29,290 car

— Whole Mars Catalog (@WholeMarsBlog) February 14, 2023

“With ZEV product announcements every day, we’re seeing the latest and greatest in technology and innovation in new car makes and models by the major automakers. As dealers, we are eagerly waiting to receive these cars and get them into the hands of our longstanding customers. California drivers want these cars now.”

CNCDA Chairman Tony Toohey

NEWS: The @Tesla Model Y was the best selling vehicle overall in California in 2022, surpassing the Toyota Camry. Tesla has also moved up to #2 in brand popularity. 1 out of every 10 vehicles sold in CA is now a Tesla. Model 3 was the 2nd best selling vehicle in CA. @elonmusk pic.twitter.com/VjnuQVMiop

— Sawyer Merritt (@SawyerMerritt) February 8, 2023

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TAGGED: California, Electric Vehicle, EV, Tesla, Tesla Model 3, Tesla Model Y, Toyota, toyota camry
EV-a2zm February 15, 2023 February 15, 2023
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