Tesla's (TSLA) California Sales Fell 24% In Q2 2024 - CNCDA

Tesla's (NASDAQ: TSLA) sales in California fell 24% in Q2 of 2024, according to the latest CNCDA report.

"Tesla’s future appears to be dwindling as the brand’s sales continue to decline in the Golden State; registrations are down a significant 17 percent YTD (as compared to last year). While Tesla’s Model Y remains the top-selling car in the State, Tesla sales may have peaked. This new data marks the brand’s third consecutive quarter with registration declines (dipping 24.1 percent in Q2 2024, 7.8 percent in Q1 2024, and 9.8 percent in Q4 2023)."

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