Tesla's new car sales drop sharply in California — market share is taken away by competitors
2024/7/19 6:08 JST (some excerpts)
The number of new car registrations in California from April to June, Tesla decreased by 24% compared to the same period last year
The introduction of new models by competitors and the decline in support for Mr. Musk are also headwinds for Tesla
According to a report released by the California New Car Dealers Association (CNCDA) on the 18th, Tesla decreased by 24% compared to the same period last year in the number of new car registrations in April-June (2nd quarter) in the same state. The year-on-year negative trend continued for 3 consecutive quarters.
Tesla's “Model Y” is still the best-selling model in California, but the company's market share is declining. According to CNCDA, Tesla's share of the battery electric vehicle (EV) market in California was 53.4% in the first half of the year, down from 64.6% in the same period last year.
The number of new car registrations in California from April to June, Tesla decreased by 24% compared to the same period last year
The introduction of new models by competitors and the decline in support for Mr. Musk are also headwinds for Tesla
According to a report released by the California New Car Dealers Association (CNCDA) on the 18th, Tesla decreased by 24% compared to the same period last year in the number of new car registrations in April-June (2nd quarter) in the same state. The year-on-year negative trend continued for 3 consecutive quarters.
Tesla's “Model Y” is still the best-selling model in California, but the company's market share is declining. According to CNCDA, Tesla's share of the battery electric vehicle (EV) market in California was 53.4% in the first half of the year, down from 64.6% in the same period last year.
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