SAN FRANCISCO : China was the biggest market for Tesla's Model Y electric sport utility vehicles, helping it become the world's top selling vehicle in the first quarter of this year, according to data from market research firm JATO shared with Reuters.
Tesla sold 267,171 Model Ys in the first quarter of this year, of which 94,469 were sold in China, higher than 83,664 in the United States and 71,114 in Europe, according the data. Overall, the United States was the biggest market for Tesla, which does not provide regional breakdown of its global sales.
Musk recently told CNBC that growing tensions between China and the United States"should be a concern for everyone." Tesla also recently held talks with Indian officials about building a new factory in India. More production from Tesla's new plants in Texas and Berlin and easing supply chain issues, as well as increasing EV demand in the developed economies, should also buoy Model Y sales, he said.