Tesla recorded a 54% year-over-year increase in new vehicle registrations in June, with the Model Y experiencing a 115% rise. Sales in Norway surged significantly, showcasing the company's dominance in the electric vehicle market. Tesla's success is attributed to updated features that align with consumer preferences, such as large luggage space and a strong digital infrastructure. Government incentives for EV adoption in Norway further support Tesla's growth. However, performance varies across Europe, with some countries experiencing declines, while others like Spain and Portugal show positive growth.
"I think it just has to do with the fact that they deliver a car which has quite a lot of value for money and is what Norwegians need. What Norwegians need, a large luggage space, all wheel drive, and a tow hitch, high ground clearance as well. In addition, quite good digital solutions which people have gotten used to, and also a charging network."
Tesla recorded a 54% year-over-year jump in new vehicle registrations in June, with the Model Y leading that charge with a 115% increase compared to the same period last year.
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