California accounts for nearly one-third of the nation's electric vehicle (EV) sales, yet Tesla's share of newly registered EVs in the state has slipped below the 50% mark. According to the California New Car Dealers Association, Tesla's market share for EV sales in California fell from 55.5% in the first quarter of the previous year to 43.9% this year, marking a 11.6% decrease in registrations. Conversely, sales of other EV brands surged by 35% during the same period. The association highlighted in its report that the aging of Tesla's product portfolio, coupled with public disapproval of CEO Elon Musk's political statements, could be significant contributors to the decline in Tesla's market share.
