"Tesla had its best monthly performance ever in Turkey in August, thanks to a drastic spike in sales. Tesla saw an 86 percent bump in sales of the new Model Y in Turkey in August compared to July, dominating the market. The performance was one of Tesla's best in the market, and the company's sales for the month accounted for half of all EV sales in Turkey for August, as it dominated and led BYD, which was the second-best-selling brand with just 1,639 units sold."
"Electric vehicles are, in some ways, more desirable than their gas counterparts in Turkey for several reasons. Most of the reasoning is financial. First, EVs are subject to a lower Special Consumption Tax in Turkey. EVs can range from 25 percent to up to 170 percent, but this is less than the 70 to 220 percent rate that gas-powered vehicles can face. The tax is dependent on engine size."
Tesla delivered 8,730 Model Y units in Turkey in August, marking an 86% increase from July and the company's best monthly result in the market. The August tally represented 10.6% of total market share and 49.9% of BEV segment share, while BEV penetration reached 21.3% and BYD placed second with 1,639 units. EVs in Turkey benefit from lower Special Consumption Tax rates than gas cars, exemption from the annual Motor Vehicle Tax for the first ten years, and potential credits up to $30,000. Elon Musk pursued building a Tesla factory in Turkey.
Read at TESLARATI
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