Tesla Inc. registered fewer cars in California in all four quarters of 2024, as sales of its second-most important model plunged 36% for the year.
The electric-vehicle maker’s sales in by far the in the US fell almost 8% in the fourth quarter and 12% for the year, according to data sourced by the California New Car Dealers Association. Annual registrations of the Model 3 sedan dropped by more than a third.
biggest EV marketRELATED: Your car knows more about you than you thinkTesla’s registrations declined despite the company adding a fifth model — — to its lineup last year. While more common business factors also came into play, including changing over the Model 3 sedan early in the year, the company likely lost some business in California as a result of the .