Tesla controlled 73% of the battery electric market in California from January to September, the lowest level since 2018, according to new vehicle registration data from the California Energy Commission. Tesla had a 75% share in 2021 and 79% in 2020.
Tesla sold more electric vehicles in this key market than during the same period a year ago, but rivals including Hyundai Motor stepped up sales of newer models, giving buyers more choice. "We are reaching a saturation point for Tesla market share in California," said Ed Kim, president of AutoPacific.
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: