Tesla's California car registrations down 12% in 2024, report shows
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Tesla's electric vehicle registrations in California decreased by 12% in 2024, highlighting challenges in a crucial market.
February 03, 2025 | 8:00 pm
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Tesla's vehicle registrations in California fell by 12% in 2024, suggesting potential challenges in maintaining market share in a critical region.
The 12% decline in vehicle registrations in California, a significant market for Tesla, suggests potential difficulties in maintaining sales momentum. This could negatively impact Tesla's revenue and stock price in the short term as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90