New accounts filed by Tesla Motors Ireland Ltd show that the firm recorded the sharp increase in pre-tax profits after revenues increased by 104% from €69.73m to a record €142.05m.
The NASDAQ quoted electric car maker, led by Elon Musk, opened its first Irish sales outlet and showroom in Sandyford in south Co Dublin in April 2017. SIMI statistics show that 3,371 Tesla registrations were recorded here in 2023, compared to 1,318 Tesla registrations recorded here in 2022 - an increase of 156%.However, new electric car sales have decreased by 25% for the first six months of this year. SIMI figures show that Tesla's market share here has fallen back to 1.4% on the back of 1,085 new car sales to the end of May this year.
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