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EVs are hot in California. California is crucial for Tesla’s business since the EV share of the state's new car market at 21.4% is nearly three times the U.S. average of 7.5% in 2023.
As electric car sales rose 2% in California, Tesla's sales in the state fell 3.5%, according to third-quarter figures from the California New Car Dealers Association. That's not an anomaly. That's ...
Tesla sales in California, the US's largest EV market, have recently declined even as overall sales in the state have grown. Though the company still accounted for a majority of EV sales in ...
In December 2019, Tesla offered Long Range dual-motor Model 3 owners who had software version 2019.40.2 the option to purchase a US$2000 "Acceleration Boost" software upgrade enabling a Sport driving mode, [184] advertised to reduce 0-60 mph (97 km/h) time from 4.4s to 3.9s. Road testing confirmed better-than-expected acceleration with drivers ...
Tesla stock closed 5.7% lower on Thursday after Reuters reported Trump's team has drawn up plans to eliminate the $7,500 tax credit for electric vehicle buyers as part of a broader tax reform.
Tesla's California registrations fell to 52,211 vehicles in the second quarter, according to a report by the California New Car Dealers Association. The battery electric vehicle market slipped ...
A total of 47,592 Tesla vehicles were registered in California in the fourth quarter, compared with 52,782 a year earlier, according to data from California New Car Dealers Association. The last ...
The S&P 500 and Nasdaq Composite continue to reach all-time highs, thanks to strong performances from top growth stocks. But Tesla (NASDAQ: TSLA) has been noticeably absent from the rally. In fact ...
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