Musk’s Tesla overtakes Mercedes-Benz as 2nd largest seller of imported cars in March

Elon Musk-run Tesla overtook Mercedes-Benz as the second-largest seller of imported vehicles in South Korea last month, industry data showed on Wednesday.

The number of newly registered imported cars came to 25,263 units in March, up 6 per cent from 23,840 units a year ago, the Korea Automobile Importers & Distributors Association said in a statement.

Of those, BMW accounted for 6,549 units, followed by Tesla and Mercedes-Benz, with 6,025 units and 4,197 units, respectively, reports Yonhap News Agency.

It marked the first time for Tesla to beat Mercedes-Benz in South Korea in terms of sales. Lexus and Volvo came in fourth and fifth, selling 1,218 units and 1,081 units, respectively.