Tesla Has Already Sewn Up 80% Of The Hong Kong EV Market

Aside from regulations preventing them from releasing some of its in-car features, Tesla and Elon Musk love Hong Kong. The CEO was in the City earlier this year for a special event for Tesla owners and he said that Hong Kong is a “beacon city for electric vehicles”.

The California-based automaker now dominates the electric vehicle market in the global city with a 80% market share of Hong Kong’s 5,800 EVs as of this July. A 60-fold increase in electric vehicles, mostly all-electric, since 2010

mre30 - 9/6/2016 5:21:25 PM

+2 Boost

I am as optimistic as the next guy - but the writing is on the wall in a HUGE way for Tesla.

For those of you who want to acquire a Tesla - do us all a favor and lease it. This way, when Tesla goes belly up and when your Tesla stops functioning, you can just drop it off (or flat bed it there)and stop payments.

TheSteve - 9/6/2016 6:17:44 PM

-1 Boost

Important quote: "...80% market share of Hong Kong’s 5,800 EVs..."

You read right. This news is about 4,640 Tesla sales. In a month.

TheSteve - 9/6/2016 6:44:58 PM

+2 Boost

Correction. That's not a MONTH's market share. It's TOTAL market share in Hong Kong, as at the end of July 2016.