Ahead of Q3 Earnings, Tesla Sees Mixed Picture in California

John Bromels, The Motley Fool
·2 min read
Ahead of Q3 Earnings, Tesla Sees Mixed Picture in California
Ahead of Q3 Earnings, Tesla Sees Mixed Picture in California

Cross-Sell compiled vehicle registration data and found that, although overall third-quarter Tesla deliveries hit a record at 139,900, Tesla registrations were down 13% year over year in the Golden State. The primary culprit was a big drop in Model 3 registrations. A pioneer in promoting electric vehicle (EV) ownership and use, California's electric vehicle market is seen as a bellwether for the U.S. EV industry as a whole.