Tesla says that its Model Y car is the most popular electric car in Norway. It says that there are over 60,000 Model Y cars on the roads of Norway. Norway has a lot of cold weather, but Tesla says that the Model Y cars work well even in the cold. This means that electric cars can work well even in cold places.
### BENZINGA PROFESSIONAL:
More context: Tesla said on Monday that Model Y was the best-selling EV in Norway with over 60,000 units on the road. The company also shared the numbers on its official X accounts in different regions, including Europe and the Middle East.
According to data from the Norwegian Road Federation, there are over 2.8 million private cars registered in the country. Of these, 754,303 are battery electric vehicles, and only 753,905 are powered by gasoline. Norway has set a goal of making all new cars sold in the country zero-emission vehicles by 2025, years ahead of the European Union.
In terms of the auto market share in August 2024, the Model Y was the best-selling EV model in Norway, accounting for 19% of overall vehicle sales in the country. Other popular vehicle models in Norway are Volvo EX30, Skoda Enyaq, and Volkswagen ID.4.
The company has faced several challenges in the past, including logistical and production-related issues, but this achievement in Norway is a testament to Tesla’s growing popularity and market share worldwide.
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Symbol | Company | Date | Time (ET) | Expected EPS | Surprise | Surprise % |
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AMD | Advanced Micro Devices | 2024-10-25 | 17:00 | $0.87 | 0.13 | 15.06% |
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