Tesla third-quarter registrations in California drop 13per cent - data

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Tesla Inc's vehicle registrations in the U.S. state of California dropped 13per cent in the third quarter compared with last year, according to ...

Tesla Inc's vehicle registrations in the U.S. state of California dropped 13per cent in the third quarter compared with last year, according to data from Cross-Sell, a research firm that collates title and registration data.

The report released on Monday showed registrations in California, a bellwether for the electric-car maker and its largest U.S. market, recovered from a second-quarter low of roughly 9,800 vehicles to around 16,200 vehicles in the three months ended September. But third-quarter numbers lagged some 13per cent behind last year's due to a large drop in Model 3 registrations.

Earlier this month, Tesla said it delivered 139,300 vehicles in the third quarter, an all-time record, yet shares fell as some analysts doubted if the world's most valuable carmaker could hit its ambitious year-end target of half a million deliveries.

 

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