Tesla sales slump in California even as car buying surges ahead of tariffs
1. Tesla registrations in California fell 15.1% for the sixth consecutive quarter. 2. Overall car registrations in California rose 8.3% during the same period. 3. Tesla's market share dropped from 55.5% to 43.9% year-over-year. 4. Tesla's sales slump reflects broader global challenges for the automaker. 5. Tesla stock is down 35% year-to-date as competition increases.