Tesla’s sales in Norway surge 213% in May, driven by Model Y demand

Reuters

Tesla’s new car registrations in Norway jumped by 213% year-on-year in May, reaching 2,600 vehicles, boosted by strong demand for the revamped Model Y SUV.

Tesla saw a dramatic rebound in Norway last month, with May sales rising 213% compared to the same period last year, according to data released Monday. The surge, totaling 2,600 vehicles, was largely attributed to the popularity of the updated Model Y — Norway’s best-selling car for the third consecutive year.

Overall, Tesla's year-to-date sales in Norway are up 8.3% compared to the first five months of 2024, indicating a steady recovery in a market increasingly dominated by electric vehicles.

Norway remains a global leader in EV adoption. According to the Norwegian Road Federation, 92.7% of new cars sold so far this year are fully electric, putting the country on track to meet its ambitious goal of eliminating petrol and diesel vehicle sales.

In an effort to boost deliveries amid wider European sales challenges, Tesla is offering zero-interest financing to Norwegian buyers who take delivery of a new Model Y before the end of June. Similar offers are being extended to customers in several other European markets.

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