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Tesla sales in Portugal fall 37% y/y in August - Finance news and analysis from Global Banking & Finance Review
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Tesla sales in Portugal fall 37% y/y in August

Published by Global Banking & Finance Review

Posted on September 1, 2026

1 min read

· Last updated: September 1, 2026

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Tesla's August 2023 Car Sales in Portugal Fall Despite EV Market Growth

Tesla's Performance in the Portuguese Electric Vehicle Market

August 2023: Decline in Tesla Registrations

Sept 1 (Reuters) - Tesla's new car registrations in Portugal fell by 36.5% in August from a year ago to 148 units, even as new registrations of light electric vehicles grew by 65.2%, the country's automobile industry association ACAP said on Tuesday.

Year-to-Date Overview: January-August 2023

Tesla's Cumulative Sales Growth

In the January-August period, Tesla sales in Portugal rose by 41.4% to 6,512 units, while the total for all light electric cars rose by 43.1%, it said.

Industry Context and Reporting

(Reporting by Javi West Larrañaga in Gdansk; editing by Emma Pinedo)

Key Takeaways

  • Tesla registrations in Portugal fell sharply in August despite strong growth in the overall LEV segment
  • Through August, Tesla still achieved substantial year‑on‑year growth in cumulative sales, albeit below the sector’s rise
  • The EV market in Portugal continues robust expansion, with electrified vehicles gaining significant share

Frequently Asked Questions

How much did Tesla sales in Portugal drop in August 2023?
Tesla's new car registrations in Portugal fell by 36.5% year-on-year in August 2023, with only 148 units sold.
Did the Portuguese electric vehicle market grow in August 2023?
Yes, new registrations of light electric vehicles in Portugal grew by 65.2% in August 2023.
How did Tesla perform in Portugal from January to August 2023?
Tesla sales in Portugal rose by 41.4% in the January-August 2023 period, reaching 6,512 units.
How did the overall light electric car market in Portugal perform in 2023?
The total for all light electric car registrations in Portugal rose by 43.1% from January to August 2023.
Which organization provided these automotive statistics?
The data was provided by ACAP, the Portuguese automobile industry association.

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