Tesla has announced plans to begin vehicle sales in Uruguay in the near future. The move would expand the company's presence to a third country in South America.
Tesla announced the upcoming launch of vehicle sales in Uruguay. The company stated that operations would begin soon.
This expansion would mark Tesla's entry into its third South American market for vehicle sales.
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Tesla is developing a new compact electric SUV priced below the $36,990 Model 3 and measuring 168 inches (4.3 meters) long—shorter than the Model 3 (185.8 inches) and Model Y (188.7 inches)—according to Reuters citing four anonymous supplier sources. The all-new design awaits CEO Elon Musk's production approval and may launch first in China before expanding to U.S. and German factories, signaling a pivot back to core vehicles after a focus on robotaxis and humanoid robots.
Colombia's electric vehicle market grew 304% in April 2026, reaching 5,192 registered units. Tesla ranked as the third best-selling brand in March and entered the top 3 in April. This surge is part of a 54% overall increase in new vehicle registrations through April.
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The Tesla Model Y became the best-selling vehicle in South Korea in May, marking the first time an imported model has led the national market. The electric SUV outsold domestic rivals with 8,762 units sold during the month.
Tesla achieved revenue of 22.39 billion US dollars in the first quarter, a 16 percent increase year-over-year. Deliveries rose 6.3 percent to 358,023 vehicles. The stock gained over three percent in after-hours trading.