Musk Shares Image of Tesla Logo on Korean Flag to Promote Tesla's Top Ranking in Korea

At a glance

Tesla CEO Elon Musk announced on his X account, formerly Twitter, that Tesla had remained first in Korea's imported car market for nine months in a row. The image he posted shows the Tesla logo placed in the center of the Taegukgi, the Korean national flag.

Key points

1. 1

   In October new imported passenger car registrations in Korea, Tesla ranked first with 9,165 cars.

2. 2

   Total registrations were 31,117 cars, and Tesla's market share was 29.5%.

3. 3

   Mercedes-Benz was second with 6,744 cars, and BMW was third with 5,633 cars.

4. 4

   Tesla's October registrations rose 110.7% from the same period last year.

Why it matters

A foreign carmaker's head directly publicized success in the Korean market and combined it with the national flag in promotion, showing the competitive situation among imported cars in Korea.

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