Skip to content

Tesla just delivered its 200,000th car in the UK

Tesla just delivered its 200,000th car in the UK

Electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) has achieved a significant milestone, delivering its 200,000th EV in the UK. 

This accomplishment coincides with the UK surpassing 1 million EV sold in total. As a result, Tesla vehicles now make up nearly one-fifth of all EVs on British roads, a fact Tesla celebrated on X (formerly Twitter), thanking its customers on March 28.

Tesla’s growing footprint in the UK EV market

Tesla’s presence in the UK began in 2014 with the introduction of the Model S. 

Since then, the company has grown significantly, boasting over 1,400 employees and 1,400 supercharger stations nationwide. 

They also operate a direct-to-consumer sales model with service centers in 40 locations, including a mobile service option for half their vehicles.

In addition to car sales and service, Tesla is making improvements in the energy storage sector. 

They have deployed 1GWh of Megapack battery storage systems across 15 sites in the UK. 

Affordability as key to wider adoption

In conclusion, Tesla’s significant sales milestone underscores its leadership in the UK’s growing EV market.  

However, future growth hinges on addressing two aspects: affordability – Tesla’s current vehicles target the high-end market. Wider EV adoption might require a wider range of price points.  

Additionally, building out more charging stations is still important for long-term success.

Tesla’s influence is undeniable, but its role in shaping a truly sustainable transportation future in the UK depends on addressing these considerations.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account?

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.