Tesla sees major jump in sales

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Elon Musk’s Tesla new car sales in Britain rose year-on-year in June.

Britain’s new car registrations of Tesla grew 6.7 per cent in June from a year earlier to 191,316 units, the Society of Motor Manufacturers and Traders (SMMT).

Tesla sold 7,719 units in June, up 14 per cent from a year earlier, according to the SMMT. Data from research group New AutoMotive earlier in the day showed a 12 per cent increase in June to 7,891 units.

Though sales remained below pre-COVID levels, it was the best June since 2019. Battery electric car demand rose 39 per cent to 47,354 units, with every one in four buyers going electric, the SMMT said.

“That EV growth, however, is still being driven by substantial industry support with manufacturers using every channel and unsustainable discounting to drive activity, yet it remains below mandated levels,” SMMT Chief Executive Mike Hawes said in the report.

The US-UK trade deal lowering some tariffs on imports from Britain, including for British car manufacturers that will now be able to export to the US under a reduced 10 per cent tariff quota from an earlier 27.5 per cent, came into effect this week.

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