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Tesla sales have peaked in California, industry group predicts [Los Angeles Times (CA)]

Tesla, Inc. (TSLA)  More Company Research Source: Los Angeles Times
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
While the electric car company still makes some of the top-selling models in California, overall Tesla registrations declined by 7.8% in the first quarter compared to a year earlier, the trade group said Monday. Tesla registrations slid 9.8% during the final quarter of last year. Tesla's share of California's EV market has dropped 6.4 percentage points to 55.4%, the report said. New battery-powered models from luxury car makers Mercedes and BMW, meanwhile, helped those companies gain ground in California, although electric vehicles' share of the overall market shrank slightly during the period. California's “love affair with electric vehicle giant Tesla may have peaked,” the car dealers group said in a statement. The company's dominance is waning, the group said, and “traditional manufacturers are stepping up to the plate.” The Elon Musk-led EV maker has been under pressure this year from both increasing competition and weaker demand across the market. It said last week it woul [Read more]
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Stockreport

Tesla sales have peaked in California, industry group predicts [Los Angeles Times (CA)]

Tesla, Inc.  (TSLA) 
More Company Research Source: Los Angeles Times
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
While the electric car company still makes some of the top-selling models in California, overall Tesla registrations declined by 7.8% in the first quarter compared to a year earlier, the trade group said Monday. Tesla registrations slid 9.8% during the final quarter of last year. Tesla's share of California's EV market has dropped 6.4 percentage points to 55.4%, the report said. New battery-powered models from luxury car makers Mercedes and BMW, meanwhile, helped those companies gain ground in California, although electric vehicles' share of the overall market shrank slightly during the period. California's “love affair with electric vehicle giant Tesla may have peaked,” the car dealers group said in a statement. The company's dominance is waning, the group said, and “traditional manufacturers are stepping up to the plate.” The Elon Musk-led EV maker has been under pressure this year from both increasing competition and weaker demand across the market. It said last week it woul [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
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Price Change
Price Change %
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Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS