Sandra Leggero has a background in financial markets, having spent more than 9 years in commodities trading for several European and Asian companies. She holds a degree in Economics from the University of Pavia and specializes in emerging markets.
, | Updated:
Key Moments
Tesla registrations in South Korea jumped 330% year-on-year in March to 11,134 vehicles, according to Carisyou.
The gain reflects a sharp acceleration in demand compared to the same month a year earlier.
Recent price reductions on China-made Model Y and Model 3 vehicles have intensified EV price competition in the Korean market.
South Korea Registrations Jump in March
SEOUL, April 6 (Reuters) – Tesla recorded a steep increase in vehicle registrations in South Korea in March, with the total rising 330% from a year earlier to 11,134 units, market research firm Carisyou said on Monday.
Metric
March (Latest)
Year-on-Year Change
Tesla registrations in South Korea
11,134 vehicles
330%
Price Cuts on China-made Models Fuel Competition
The surge in registrations follows Tesla’s decision to lower prices on certain Model Y and Model 3 electric vehicles produced in China. These reductions have triggered heightened price competition among electric vehicle manufacturers in the South Korean market.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
US stock futures jumped amid companies earning reports U.S. stock-index futures climbed, indicating the Standard & Poor’s 500 Index will continue its bullish attitude and will extend an all-time high, before earnings from companies including Freeport-McMoRan Copper & Gold Inc. and United […]
European stocks sank following Italian market retreat European stocks struggle today as the U.S. faced the first government shutdown in 17 years and Italian Prime Minister Enrico Letta fought to save his administration. Asian shares and U.S. index futures also retreated.The Stoxx Europe 600 […]
Gold Climbs Above $5,000 on Iran Tensions, Rate Watch Key Moments
Spot gold rose 0.6% to $5,035.62/oz and gold futures gained 0.8% to $5,039.94/oz in Asian trading.
Prices stayed within the recent $5,000-$5,200/oz band despite heightened geopolitical risk from the Iran conflict.
[…]
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover 
