Tesla's vehicle deliveries in Turkey and Norway significantly outpaced sales in Germany, achieving ten times the volume last month. This increase allowed Tesla to meet their Q2 delivery estimates. However, concerns have emerged that this surge may indicate a reliance on smaller markets as outlet valves to prevent production cuts at the Berlin gigafactory. Nearly 60% of all first half sales in Turkey occurred in June, raising questions about the origins of these deliveries and Tesla's market strategy.
Turkey reported 7,235 Tesla sales and 7.7% market share in June. BEV penetration reaches new record of 27.4% and Tesla has 28.2% of this segment.
Nearly 60% of Tesla's entire first half sales in Turkey were generated in June alone.
While this sudden spike in sales helped the company meet Q2 delivery estimates, it could be a sign that Tesla is in need of an outlet valve.
Wall Street is therefore asking questions about whether last month's sudden spike in deliveries might have derived heavily from countries not otherwise known to be major sources of demand for Tesla.
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