Tesla is showing some strong resilience in California’s crashing car market and is helping boost EV market share to a new record.
With the slowdown that came with the pandemic and the more recent supply chain issues, the auto industry has yet to go back to pre-2020 levels of deliveries.
California New Car Dealers Association (CNCDA) released its latest report based on new car registrations in the state and confirmed that the market is down 16% year-to-date as of September.
But there are some silver linings in the results.It looks like without electric vehicles, California’s auto market would be crashing even more.
Tesla vehicles still represent most electric vehicles delivered in the state, and brand registration stats highlight just how important the Tesla brand has become in California.