Musk Left California But It Still Loves Tesla: Brand Has 75% Share Of State’s EV Market

  • 📰 Forbes
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Billionaire Elon Musk moved Tesla’s headquarters and his residence to Texas, but California remains the strongest U.S. market for the electric-car maker.

Getty Imagesmoved Tesla’s headquarters and his residence to Texas, but California remains the strongest U.S. market for the electric-car maker, accounting for nearly 40% of its American sales and more than half of all zero-emission vehicles purchased by Golden State drivers last year.

Californians bought 250,279 battery-electric, plug-in hybrid and hydrogen fuel cell vehicles in 2021, including 137,135 Teslas or 55% of the total, according to new data from the. Tesla’s share of battery-only vehicle sales was a whopping 75%, though down from 79% a year earlier. Sales volume for the world’s leading EV maker surged 64% last year in the state, though its share of California’s ZEV market declined from 57% in 2020 as rival battery models including Ford’sand Volkswagen’s ID.4 hatchbacks rolled out. EVs accounted for 12.4% of the 2 million new cars and trucks sold in the state last year. That’s over four times the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Raid101B I live in an Affluent Beach Community in SanDiego California my Hood is all Mercedes, - Prius, - Tesla = every other Car.

So what?

Resistance 💀🇺🇦🦅 Heavy firefight Ukraine 💀 squad destroyed several Russian tanks 🔥

BecauSe of laws, no other reason. They’re forcing their ppl to go electric within next 10 yrs I think.

Oooh taxes

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk says Starlink is active in Ukraine amid internet disruptionsSpaceX founder Elon Musk said Saturday evening that the company's Starlink satellites are now active in Ukraine to alleviate some of the connectivity challenges the country is facing amid the Russia invasion. Doing more than sleepy joe is Money money. If President Poetin can eliminate spies across the globe...it might be wise for Elon not to take the 'spotlight' like this!
Source: FoxBusiness - 🏆 458. / 53 Read more »