Tesla Model Y Was Europe's Best-Selling Premium SUV In H1 2022

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Tesla Model Y Was Europe's Best-Selling Premium SUV In H1 2022
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Tesla Model Y Was Europe's Best-Selling Premium SUV In H1 2022 via insideevs.com

sales keep growing at the current rate, the electric SUV could become Europe's best-selling premium car in 2022, regardless of powertrain type, beating the Audi A3 which sold 51,994 units in the first half of the year. Audi's compact premium car posted sales decline in the first half.

Tesla's ability to increase sales of the Model Y in the second half of the year will depend both on customer demand and its industrial capacity. The US company is slowly ramping production at its new Berlin plant for the Model Y, with CEO Elon Musk promising in July's earnings call to raise the factory's weekly output from 1,000 in June to 5,000 vehicles"by the end of this year or early next year.

He also promised that Giga Berlin would build 10,000 vehicles a week by the end of 2023 as Tesla targets an annual production of 500,000 cars at its German plant. Currently, the Berlin facility builds Performance versions of the Model Y, while standard dual-motor models are shipped from 's Shanghai plant, according to information seen by analyst Matthias Schmidt. Some 20 percent of Model Y sales in Europe come from Berlin and 80 percent from Shanghai, Schmidt said.

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