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Reuters reports that registrations of Tesla vehicles in California dropped 10 percent in the last quarter of 2023. That is the first time sales of Tesla automobiles have fallen in the Golden State, which is ground zero for the EV revolution in the United States, in the past three years. The last time it happened was in the third quarter of 2020, when the Covid pandemic was roiling markets worldwide.
California typically accounts for about 10 percent of all Tesla vehicles sold worldwide, which makes it one of the most important markets for the company. 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.
Globally, Tesla saw its sales hit another record in the…
Read the full article originally published at cleantechnica.com.