Tesla August Germany Sales Soar 457% YoY, Representing Unprecedented EV Sales for the Country

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The number of electric vehicle registrations in Germany in August showed a very impressive increase. Compared to the same month in 2019, sales increased by 221.5% to 16,076 vehicles. Of the 16,076 electric vehicles sold, Tesla's sales were 2,846 according to the Federal Motor Transport Authority. This means that Tesla took almost 18% of the electric vehicle market share in Germany in August.

Tesla sales are up 457% YoY, driving an unprecedented rise in electric vehicle sales in the country. Comparing the January to August 2020 period to the January to August 2019 period, Tesla is the only car brand to record sales growth, with 11.2% for California-based manufacturer. Accordingly, Tesla is the only automaker to sell more vehicles in Germany this year than in the same period last year.

Source: T&Magazin

Although Tesla sales in Germany were weak in July, sales in August and September will be able to compensate. The first month of the quarter is traditionally one of the weakest for the electric automaker. But as we start into the second half of the quarter, the deliveries climb substantially. Most likely, the data for September will be even higher than for August, which, given the overall picture, will record an impressive increase in sales.

In a few months, the Model Y, made in Giga Berlin, will become available to the German and European markets. Residents of the region are eagerly awaiting the opening of reservations and the opportunity to get their hands on the electric crossover. Tesla CEO Elon Musk said the German-made Model Y will be of higher quality than those made in the USA, so this will but guarantee unprecedented sales growth.

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