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Tesla March Sales in South Korea Jump to 11,134 Units

Tesla car registrations in South Korea rose 330% to 11,134 units in March. Price cuts on Chinese-made models helped drive demand and market competition.

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TESLA INC experienced a significant surge in its market presence in South Korea during March, with new car registrations climbing by 330% compared to the previous year. According to data released by market researcher Carisyou on Monday, the electric vehicle manufacturer registered 11,134 vehicles during the month.

A row of Tesla electric vehicles prepared for test drives at a facility in Hanam, South Korea, as captured in a 2020 file photo by Kim Hong-Ji for Reuters.
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