While the Model Y remains the state’s best-selling vehicle, Tesla’s share of the electric car market fell to 53.4% from 64.6% last year. Overall, Tesla sales in California are down 17% this year.
Tesla’s decline in market share is due to increased competition from new electric vehicle models. Companies like Ford, Hyundai, and Rivian are increasingly taking a share of California’s electric vehicle market. Tesla’s troubles in California have been compounded by CEO Elon Musk’s recent criticism of the state. He has been outspoken in his criticism of California’s policies and even decided to move Tesla’s headquarters to Texas.
Source: Ferra
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