Tesla Model Y Outpaces 35-Year-Old Record For Car Sales In Iceland
Portfolio Pulse from Benzinga EV Insights
Tesla Inc's Model Y has become the most sold car in Iceland this year, with 1,316 units registered in the first six months of 2023. This breaks a 35-year-old record for the highest number of a single car model sold in a year. The previous record was held by Toyota Corolla in 1988 with over 1,200 units registered.
July 05, 2023 | 5:08 pm
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Tesla's Model Y breaking sales records in Iceland indicates a strong market presence and growing popularity of the company's electric vehicles. This could potentially boost Tesla's stock in the short term.
The record-breaking sales of Tesla's Model Y in Iceland demonstrate the growing popularity and acceptance of Tesla's electric vehicles. This positive news could potentially increase investor confidence in the company, leading to a short-term boost in Tesla's stock price.
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