Tesla appears to have been underestimated by nearly everyone in the auto industry

Tesla has been losing money for the last couple years, and has been facing doubts about its ability to ramp production. Many have questioned whether the firm would ever be able to produce on a scale approaching that of other large auto manufacturers. <br><br>But, so far in 2023, they have been producing vehicles at an enormous scale. <br><br>Tesla appears to have been underestimated by nearly everyone in the industry, by a long shot. <br><br>**Tesla appears to be on track to produce 1.8 million vehicles in 2023.** That’s more than 5,000 vehicles a day. Its closest competitors, Toyota and Volkswagen, produce around 5,000-10,000 units a day. <br><br>**Tesla Model Y will become the world's best selling vehicle in 2023**, and the Model 3 is likely to be the world's second best selling vehicle. As of 2023 Model Y is not only the world’s best selling electric vehicle but also the overall best-selling passenger car. <br><br>Tesla Model Y has been selling over 40,000 units per month worldwide, passing Toyota Corolla in total monthly sales, becoming the best-selling car globally so far this year. As of 2023 Toyota Corolla has been the world's best-selling car for decades. <br><br>**Tesla is about to become the world's largest car manufacturer and the most valuable car company.**