Tesla sold fewer vehicles in California for the second straight quarter, suggesting its popularity in the state may have peaked, according to a report from the California New Car Dealers Assn. While the electric car company still makes some of the top-selling models in California, overall Tesla registrations declined by 7.8% in the first quarter compared to a year earlier, the trade group said Monday. Tesla registrations slid 9.8% during the final quarter of last year.
” The Elon Musk-led EV maker has been under pressure this year from both increasing competition and weaker demand across the market. It said last week it would speed up the release of new, cheaper models while also prioritizing Musk’s pursuit of fully autonomous driving technology. Tesla’s newest model, the Cybertruck, has been ramping up slowly.