On July 24, foreign media outlets reported that Tesla was seeking to mitigate its declining sales in Europe by expanding its market presence in Turkey. However, a recent policy shift by the Turkish government could jeopardize Tesla's strategy. Pursuant to a decree issued by the Turkish President, the minimum special consumption tax on electric vehicles has been hiked from 10% to 25%. Turkey is growing in significance for Tesla, as it helps to offset the pressure of waning demand in the European market. Statistics reveal that Tesla's sales in Turkey soared by 171% year-on-year in June, amassing 7,235 units, with the Model Y emerging as the best-selling electric vehicle. Tesla's success in Turkey is primarily attributed to the Model Y, tailored for the local market and originally benefiting from a lower tax rate. Prior to the tax adjustment, Turkish customers could acquire the Model Y for approximately 1.87 million liras (around $46,100), but the new policy may result in a price hike of roughly $6,000.