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Toyota's RAV4 Dethrones Tesla's Model Y as World's Best-Selling Car in 2024
ByAinvest
Friday, Jul 4, 2025 5:12 pm ET1min read
Tesla's Model Y has lost its title as the world's best-selling car to Toyota's RAV4, with the RAV4 outselling the Model Y by fewer than 2,000 units globally in 2024. Several factors contributed to Tesla's slide, including a mid-year production pause, CEO Elon Musk's political involvement, and rising competition from hybrid and plug-in hybrid vehicles. The RAV4 got a boost from its new hybrid model, drawing more attention while the current gas version nears the end. The two vehicles are set to face off again in 2025.
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