Tesla Slashes Vehicle Registration By 24% In California
Tesla Inc., Inc.: TSLA saw a 24% drop in vehicle registration in California during the second quarter, according to data from the California New Vehicle Dealers Association (CNCDA).
This is the third consecutive quarter of declining sales in critical markets.
Key Contents
Brand image and competition
Headquarters relocation and additional information
This is due to the conflict with Gov. Gavin Newsom’s policies on transgender issues.
The company delivered 443,956 vehicles in the second quarter, exceeding expectations, but still below year-over-year numbers.
8:36 AM EDT, July 19, 2024 (Benzinga Newswire)
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