Tesla's registrations in Germany soared over 300% in March

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Investing.com – Data released Tuesday by Germany’s Federal Motor Transport Authority (KBA) shows that Tesla’s vehicle registrations in Germany surged 315.1% year over year in March, reaching 9,252 vehicles.

According to the agency, Tesla’s registrations in Germany rose 160% in the first quarter, to 12,829 vehicles.

The increase comes as gas prices in the region have spiked.

The KBA report said that, overall, in March Germany’s new registrations of battery-electric vehicles rose 66.2%, reaching 70,663 vehicles.

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