
Elon Musk's Tesla Announces 3 Million Model 3 Units Sold Worldwide
- by Benzinga
- Jul 21, 2025
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Reveal Full Score However, the company has experienced sluggish sales in the U.S., with new units sold dropping 6% YoY in the country. Despite this, Tesla remains the segment leader with a 44% market share in America.
Tesla also announced a series of offers on its vehicles in the U.S., including the Cybertruck, the Model 3 and the Model Y, in a bid to boost adoption among customers.
As sales continue to decline, Tesla appointed Raj Jegannathan, a senior IT executive at the company, to oversee the sales team after Troy Jones's departure following a 13-year-long stint.
Tesla offers Satisfactory Momentum and Quality, while scoring well on the Growth metric, but offering poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!
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