Headlines
Tesla's sale in Norway rises 213% year-on-year in May
Published by Global Banking & Finance Review®
Posted on June 2, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 2, 2025
1 min readLast updated: January 23, 2026
Tesla's sales in Norway rose 213% in May, driven by the Model Y. EVs account for 92.7% of Norway's new car sales, nearing a diesel and petrol phase-out.
OSLO (Reuters) -Tesla's sale of new cars in Norway rose by 213% in May from a year ago to 2,600 vehicles, registration data showed on Monday, boosted by a revamped Model Y compact SUV, the country's best-selling automobile in each of the last three years.
Year-to-date sales rose by 8.3% from the first five months of 2024.
Nine out of ten new cars sold in Norway last year were fully electric vehicles, and the EV share of sales year-to-date stands at 92.7%, the Norwegian Road Federation said, bringing it close to a goal of phasing out diesel and petrol automobiles.
Tesla, which has seen declining sales in Europe this year amid CEO Elon Musk's embrace of far-right politics, offers zero-interest loans in Norway and several other countries to buyers who take delivery of a new Model Y by the end of June.
(Reporting by Terje Solsvik, editing by Louise Rasmussen)
Tesla's sales in Norway rose by 213% year-on-year in May, reaching 2,600 vehicles.
Year-to-date sales for Tesla in Norway increased by 8.3% compared to the first five months of 2024.
Nine out of ten new cars sold in Norway last year were fully electric vehicles.
Tesla offers zero-interest loans in Norway and several other countries for buyers who take delivery of their vehicles.
The electric vehicle share of sales year-to-date in Norway stands at 92.7%.
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