Tesla's first-quarter registrations in California fell 15%, industry data shows
1. Tesla's California EV registrations fell 15.1% in Q1, indicating market challenges.
1. Tesla's California EV registrations fell 15.1% in Q1, indicating market challenges.
A 15.1% drop in registrations suggests declining demand, similar to previous downturns that affected stock prices significantly.
The drop indicates competitive pressures and market sentiment shifts, critical for investors' outlook on TSLA.
Current registration decline reflects immediate market response; trends typically influence quarterly performance.