Demand for electric cars has soared in Norway as a result of a plethora of government incentives. On highways, electric vehicles are given access to express lanes and are exempt from tolls. The government also provides re-charging stations and free parking for electric car owners.
The Telsa has a top speed of 125 miles per hour and a range of 300 miles. In Norway’s notoriously pricy car market, the Tesla Model S sells for about 110,000 dollars, well above its 70,000 dollar price tag in the U.S.
Tesla sales in Norway have become so competitive that many car buyers are re-selling recently purchased Tesla cars at up to 20,000 dollars above the starting price.
The cars are also a success in the U.S., with an estimated 14,300 sales made this year alone. Shares of the Palo Alto-based company have already risen more than 400 percent this year.