Transportation

Tesla Sales Decline in California With Model 3 Plunging 36%

  • Model 3 registrations fell by more than a third last year
  • EV maker likely lost sales due to Musk backing Trump and GOP
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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 biggest EV market 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.