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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.
Tesla is still the top seller of electric vehicles in California with the Model Y, Model 3, and Model X ahead of the Chevy Bolt and the Volkswagen ID.4, but first-quarter battery electric vehicle ...
Tesla is losing ground in its home state of California. That signals more trouble ahead for Elon Musk and his car company. Why Tesla's sales are slipping in California, and what it means for Elon ...
It's still by far the EV sales leader, but Tesla's California sales plunged 24.1% in the second quarter. Nationally, according to Kelley Blue Book, Tesla sales dropped 6.3% for the second quarter ...
The battery that once powered a great love between Tesla CEO Elon Musk and California car buyers is slowly fading away.. New registrations of the Tesla Model Y in the Golden State have tumbled for ...
Tesla's dominant market share of the electric vehicle market in California slipped again this year, according to Reuters' calculations based on government data from January to September, as rivals ...
The Tesla CEO said on an earnings call in July that ending the federal tax credit might benefit the company. "I think it would be devastating for our competitors and for Tesla slightly," Musk said.
(Reuters) -Registrations of Tesla cars in California fell 24% in the April to June period, marking the third consecutive quarter that the company posted a sales drop in its key market, indicating ...