Tesla Q4 CA Registrations Spike 63% & Huge Model Y Sales Show Brand Strength

by Eva Fox January 21, 2021

Tesla Q4 CA Registrations Spike 63% & Huge Model Y Sales Show Brand Strength

Photo by: Casey Murphy/EVANNEX

Tesla continues to amaze with its sales figures, which shone especially brightly in Q4 2020. The California-based manufacturer's electric vehicle registrations spiked around the world, and the company's home state is no exception. More than 22,000 Tesla vehicles were registered in California in Q4 2020, an increase of about 63% over the same period in 2019.

On January 20, a research firm that collates title and registration data -- Cross-Sell -- released a report that looks at Tesla vehicle registration data for 2020 and their quarterly sales trends. The company's California car registrations jumped nearly 63% in Q4 from a year ago, according to the report. As Tesla CEO Elon Musk suggested earlier, Model Y is becoming more popular than its older sibling, Model 3, and more than half of all sales in the state are from the electric compact SUV.



In 2020, Tesla's star shone even brighter than before, and despite a devastating year for the automotive industry, the company has achieved phenomenal success. Despite the COVID-19 pandemic, which affected people's well-being and their ability to purchase new cars—and that automakers' factories were closed due to lockdowns—Tesla delivered a record, half a million vehicles.

The Cross-Sell report showed that, despite a slight decline in Q3 2020, when Tesla sold 16,200 vehicles in California, the company sold 22,117 vehicles in Q4. This demonstrates not only sales growth of 36% compared to Q3, but also sales growth of 63% compared to Q4 2019.

Sales data show that Tesla sold about 3,656 Model S/X, 7,044 Model 3, and 11,417 Model Y. As Musk expected, sales of the compact SUV will ultimately surpass Model 3 sales. With a relatively small difference in price, customers get that the vehicle is significantly larger and more versatile, which can be critical factors in choosing a car.

© 2021, Eva Fox. All rights reserved. 

_____________________________

We appreciate your readership! Please share your thoughts in the comment section below.

Article edited by @SmokeyShorts, you can follow him on Twitter





Previous  / Next