Tesla's First Quarter Sales Decline, Stop Selling in California

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Elon Musk's company, Tesla Inc., shocked the world when it announced that it would no longer sell new electric cars in California, even though the state accounts for one-third of purchases.


The share of electric vehicle (EV) sales fell 43.9% compared to 55.5% last year, according to dealers in California.


Although Tesla's sales in California fell 15%, other EV sales overall increased 35% earlier this year.


Among the factors that have decreased Tesla's BEV market share are the number of old products remaining on the market, the increasing competition and Elon Musk's political backlash.


In addition, US consumers are also rushing to buy Tesla cars before the auto tariffs of United States President (US), Donald Trump are implemented.


This situation did not make Tesla's sales statistics for the quarter increase at all, but instead resulted in a decline in business profits.


In conclusion, the EV market in California, which was based in Silicon Valley before moving to Austin in 2021, played a significant role in contributing 31.1% of total purchases last year.

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