Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020.<\/p>\n
Aly Song | Reuters<\/p>\n
Tesla's vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data.<\/p>\n
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.<\/p>\n
Tesla's only U.S. vehicle factory in California was shut for some six weeks of the quarter.<\/p>\n
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.<\/p>\n
Model 3 registrations in the state, which accounted for more than half of the total registrations, fell 63.6% to 5,951 vehicles.<\/p>\n
Total vehicle registrations in the 23 states from where the data was collected fell nearly 49% to 18,702 vehicles.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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Tesla registrations in California nearly halved in second quarter - CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. Aly Song | Reuters Tesla's vehicle registrations nearly halved in the U.S Continue reading