Oddbean

America's largest economy is falling out of love with Tesla—and it's only going to get worse ========== Tesla sales in California dropped 24.1% in the second quarter; Purchases dipped 7.8% in the first quarter of 2024 and 9.8% in the final quarter of last year; Year-to-date, Tesla sales in California are down 17% compared to last year; Toyota BEV registrations have soared 108.1% so far this year, while Hyundai and Ford BEV registrations rose 65.7% and 26.4%, respectively; About 46.9% of registered voters in California are Democrats, while 23.9% of registered voters are Republicans; Tesla is still the car of choice in California; California’s BEV market share is 21.4%, while the overall U.S. market share of BEVs is 7.5% #Tesla #California #ElectricVehicles #Toyota #Hyundai #Ford https://fortune.com/2024/07/19/tesla-sales-falling-california-toyota-hyundai-ford-rising/