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But Wait! There's LESS! Tesla Sales Decline in California With Model 3 Plunging 36% [View all]
Bloomberg, archived at https://archive.ph/bPpN8#selection-1385.0-1385.59
Tesla Inc. registered fewer cars in California in all four quarters of 2024, as sales of its second-most important model plunged 36% for the year.
The electric-vehicle maker’s sales in by far the biggest EV market in the US fell almost 8% in the fourth quarter and 12% for the year, according to data sourced by the California New Car Dealers Association. Annual registrations of the Model 3 sedan dropped by more than a third.
Tesla’s registrations declined despite the company adding a fifth model — the polarizing Cybertruck — to its lineup last year. While more common business factors also came into play, including changing over the Model 3 sedan early in the year, the company likely lost some business in California as a result of the active role Chief Executive Officer Elon Musk played in the US election.
Musk, 53, spent at least $288 million to help elect Donald Trump and other Republican candidates during the 2024 cycle. California went for Democratic nominee Kamala Harris by 20.2 points in November.
The electric-vehicle maker’s sales in by far the biggest EV market in the US fell almost 8% in the fourth quarter and 12% for the year, according to data sourced by the California New Car Dealers Association. Annual registrations of the Model 3 sedan dropped by more than a third.
Tesla’s registrations declined despite the company adding a fifth model — the polarizing Cybertruck — to its lineup last year. While more common business factors also came into play, including changing over the Model 3 sedan early in the year, the company likely lost some business in California as a result of the active role Chief Executive Officer Elon Musk played in the US election.
Musk, 53, spent at least $288 million to help elect Donald Trump and other Republican candidates during the 2024 cycle. California went for Democratic nominee Kamala Harris by 20.2 points in November.
When you lay down with pigs all you ever get is dirty.
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