Tesla registrations in California nearly halve in second quarter: Report

A report released by a research firm showed Tesla registrations in California plummeted almost 48% from a year earlier to 9,774 vehicles in the three months ended June 2020.
By : Reuters
| Updated on: 16 Jul 2020, 10:26 AM
File photo of Tesla Model 3. (AP)
File photo of Tesla Model 3. (AP)
File photo of Tesla Model 3. (AP)
File photo of Tesla Model 3.

Tesla Inc's vehicle registrations nearly halved in the US state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data.

Most parts of the United States were under government-imposed stay-at-home orders between April and June to combat the spread of the coronavirus outbreak, which impacted production and caused a plunge in auto sales.

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Tesla's only US vehicle factory in California was shut for some six weeks of the quarter.

The report released on Wednesday showed registrations in California, a bellwether market for the electric-car maker, plummeted almost 48% from a year earlier to 9,774 vehicles in the three months ended June 2020.

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(Also read: Tesla registrations in China rebound after Covid-19 pandemic eases)

Model 3 registrations in the state, which accounted for more than half of the total registrations, fell 63.6% to 5,951 vehicles.

Total vehicle registrations in the 23 states from where the data was collected fell nearly 49% to 18,702 vehicles.

The automaker had earlier this month outpaced analysts' estimates for vehicle deliveries in the second quarter, defying a trend of plummeting sales in the auto industry as Covid-19-related lockdown orders kept people at home.

(Also read: Elon Musk tweets render of Tesla's Gigafactory in Berlin and it looks sublime)

Registration figures might not accurately reflect the number of vehicle deliveries during the quarter as registrations in the United States typically take about 30 days from the time of sale.

First Published Date: 16 Jul 2020, 10:26 AM IST
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