Tesla only sold one electric vehicle in South Korea in January due to various factors such as safety and price, which cooled the demand for electric vehicles. A series of unfavorable factors such as safety issues, price factors, and lack of charging infrastructure have dampened demand. According to data from Seoul research firm Carisyou and the South Korean Ministry of Trade, Tesla only sold one Model Y SUV in South Korea in January, marking its worst monthly performance since zero sales in July 2022. According to Carisyou's data, the registration volume of new electric vehicles by all South Korean car companies in January decreased by 80% compared to December.