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Tesla’s California Sales Tank Amid A Grim Quarter For The Top EV Brand [Forbes]

Tesla, Inc. (TSLA)  More Company Research Source: Forbes
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
California, Tesla's biggest U.S. market since it began delivering electric vehicles in 2008, soured on the brand in the first quarter, with sales there dropping 15% amid stiffer competition and as protests at the company's stores statewide amped up over CEO Elon Musk's unpopular government-slashing DOGE efforts. The Austin-based company that has been a top beneficiary of the Golden State's environmentally conscious consumers and regulations sold 42,322 vehicles there this year through March, down from 49,875 in the same period last year, according to data released by the California New Car Dealers Association on Wednesday. The drop in volume cut its market share to 49.3% in the period, down from 55.5% a year ago. It was also the first time it's been below 50% of overall EV sales in the state. Globally, the company saw a 13% drop in the year's first three months. Tesla's fall in California, like its overall U.S. sales in the quarter, went against a broader growth trend for batte [Read more]
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Stockreport

Tesla’s California Sales Tank Amid A Grim Quarter For The Top EV Brand [Forbes]

Tesla, Inc.  (TSLA) 
More Company Research Source: Forbes
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
California, Tesla's biggest U.S. market since it began delivering electric vehicles in 2008, soured on the brand in the first quarter, with sales there dropping 15% amid stiffer competition and as protests at the company's stores statewide amped up over CEO Elon Musk's unpopular government-slashing DOGE efforts. The Austin-based company that has been a top beneficiary of the Golden State's environmentally conscious consumers and regulations sold 42,322 vehicles there this year through March, down from 49,875 in the same period last year, according to data released by the California New Car Dealers Association on Wednesday. The drop in volume cut its market share to 49.3% in the period, down from 55.5% a year ago. It was also the first time it's been below 50% of overall EV sales in the state. Globally, the company saw a 13% drop in the year's first three months. Tesla's fall in California, like its overall U.S. sales in the quarter, went against a broader growth trend for batte [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS