Similar Stories to Californians Are Buying Fewer Teslas. That Could Be A Bad Sign For Elon Musk. on Bing News

gkay@businessinsider.com (Grace Kay), Business Insider
Sun, 08/11/2024 - 1:51am

Tesla registrations fell in California.Newsday LLC/Getty ImagesTesla's new car registrations in California dropped 24% in the second quarter.Governor Gavin Newsom said Tesla is finally starting to see competition from other companies in California.Tesla's troubles in California could be a symptom of a larger issue, experts say.Tesla has a California problem — its residents aren't buying as many of Elon Musk's electric cars as they used to.Tesla's new car registrations in the Golden State dropped for the third straight quarter, with a 24% fall between April and June, according to the California New Car Dealers Association.And California isn't the only place where Tesla's chokehold on the EV market is beginning to slip.

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BING NEWS:
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  • Californians are buying fewer Teslas in what could be a bad sign for Elon Musk
    Tesla has a California problem — its residents aren't buying as many of Elon ... "I bought this before we knew Elon was crazy" bumper stickers on their Teslas. "For most people, Elon's politics ...
    08/11/2024 - 9:16 am | View Link
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