Teslas registrations in the first quarter in California fell by 15%, the operating data shows

(Add background and details about the market share in paragraphs 4-9) April 16 (Reuters) -Sla’s California Electric Vehicle Registrations fell by 15.1% during the first quarter, according to the operating data, indicating an accelerated drop and growing challenges for the Elon Musk-Led car manufacturer in the important US market. The company’s quarterly sales worldwide fell 13% in almost three years, injured by a setback against CEO, Musk, rising competition and while clients are waiting for a refreshment of the highest sale of electric vehicle model Y. “An outdated product and setback against Musk’s political initiatives are probably the most important factors for the decline in Tesla Bev Market share,” said. Musk’s leadership of the Trump administration’s effectiveness of the government has provoked widespread protests in the United States, with activists arguing against its role in the federal cutting of workforce and the cancellation of contracts funded global humanitarian programs. According to the industry body, Tesla’s share in the EV market in California dropped to 43.9% from 55.5%. While the Model Y remained the best-selling EV in the state, sales fell about 30% in the first quarter, compared to a year earlier. Earlier this month, Tesla said that the recycle of production lines for the refreshing model Y at four of its factories in the first quarter resulted in a few weeks of lost production. Meanwhile, analysts have attributed some of the decline in total sales in the January March period to clients waiting for cheaper versions of the refreshed Model Y transition. The California New Motor Traders Association added that it expects new vehicle registrations to fall 2.3% from last year due to US trade policies. (Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta) First Published: 16 Apr 2025, 09:26 PM IST