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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 ...
Those two lines were omitted from the company’s most recent 10-K filing for the 2023 fiscal year, as well as any references to DEI, a diverse company or a majority-minority workforce.
Elon Musk publicly dumped California for Texas—now Golden State customers are getting revenge, dumping Tesla in droves ... Tesla registrations have dropped in California year to date, with a 7.8 ...
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 ...
Under the state's climate plan, market share must reach 35% by 2026, requiring an annual sales growth rate of about 20%. ... sales leader, but Tesla's California sales plunged 24.1% in the second ...
By Akash Sriram and Hyunjoo Jin (Reuters) - Registrations of Tesla vehicles in California dropped 10% in the last quarter of 2023, the first fall in more than three years in the state, which is ...
For instance, Tesla accounted for nearly 55% of all new electric vehicles registered in California in the first three quarters of 2024, a report from the California New Car Dealers Association ...