Tesla opened two new markets in less than 24 hours, launching in Latvia and Uruguay in back-to-back announcements this week.

The dual entry completes Tesla’s expansion across all three Baltic states and gives the automaker its third market in South America — two very different markets that show how the company is chasing growth wherever it can find it.

Xpeng launched its new L03 electric SUV-coupe in Europe this week with a starting price of €34,990 — undercutting the Tesla Model Y by roughly €3,400 in Germany and by around $10,000 in Norway.

The pricing puts a well-equipped 4.65-meter electric SUV directly under Tesla’s best-seller in its highest-volume segment, and deliveries start in the fourth quarter.