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Tesla’s Offensive in South America Continues as the Brand Arrives in Uruguay, Cuts Prices in Chile
Seven months ago, we announced that Tesla had arrived in the Colombian market looking for blood.
AI Summary
Tesla entered the Colombian market seven months ago, launching a Model 3 priced under $30,000 and a Model Y under $32,500. The vehicles offered a premium feel at mass‑market prices, outpacing competitors including BYD and Geely. Tesla quickly became the dominant EV brand, capturing 50 % of the rapidly growing market and achieving a 235 % increase in BEV sales so far this year. The Model Y earned the title of top‑selling vehicle in Colombia, though it was not the most sold EV.
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