Tesla's first-quarter registrations in California fell 15%, industry data shows
- Posted on April 16, 2025
- By Yahoo News
- 2 Views
Tesla's first-quarter registrations in California fell 15%, industry data shows
The company's quarterly sales globally fell 13% to the lowest in nearly three years, hurt by a backlash against CEO Musk, rising competition and as customers wait for a refresh of its highest-selling electric vehicle Model Y. "An aging product lineup and backlash against Musk's political initiatives are likely key factors for the decline in Tesla BEV market share," the California New Car Dealers Association said. Musk's leadership of the Trump administration's Department of Government Efficiency has sparked widespread protests across the United States, with activists demonstrating against his role in federal workforce cuts and the cancellation of contracts funding global humanitarian programs.