Tesla Inc. (NASDAQ:TSLA) has shared that its Model Y SUV has emerged as the best-selling vehicle in the world for three consecutive years.

Model Y Cumulative Sales Reach 4 Million

The automaker took to Chinese social media to share the news on Wednesday, saying that the Model Y was the best-selling vehicle on the planet during 2023, 2024 and 2025. It cited data from multiple market research firms, according to a CnEVPost report. Tesla shared that the Model Y’s cumulative sales reached 4 million units across the globe.

The Model Y had earlier emerged as the best-selling EV in the U.S. last year, with the SUV selling over 357,528 units last year. However, the figure still represented a 4% decline compared to the same period in 2024.

Tesla Sales Fall

This comes as Tesla has recorded a decline in moving units off the showroom lots, with the company’s January sales declining 26% year-over-year in the month of January in the U.S. market. Tesla’s sales also fell 17% in Europe during January, but picked up in several key markets in the region during February.

Meanwhile, CEO Elon Musk has shared that the awaited Tesla Roadster could debut in April amid patent and trademark registrations, which could provide the automaker with a sales boost. Tesla will also kick off production at the $4.3 billion battery plant in Michigan with South Korea’s LG Energy Solutions.

According to Benzinga Edge Rankings, Tesla scores well on the Momentum metric and also offers a favorable price trend in the Long term.

Price Action: TSLA declined 0.07% to $398.98 during overnight trading after it had recorded a 0.94% surge to $399.27 at market close on Tuesday.

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