Vehicle registrations of Tesla Inc nearly halved in California during the second quarter, as stated by data from Cross-Sell..
Most parts of the United States were under government-imposed stay-at-home orders from April to June to fight the spread of the coronavirus outbreak, which affected manufacturing and caused a plunge in auto sales.
Tesla’s only U.S. vehicle factory in California was shut for some six weeks of the quarter.
The report released yesterday 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.
Model 3 registrations in California, 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.
Tesla had earlier in July 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.
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.