Investors are looking for evidence Musk’s politics are hurting Tesla. It’s hard to find, but California might be turning against Musk—slowly.

Tesla (NASDAQ: TSLA) shares initially shrugged off a weak earnings report before the stock got caught in the trade-war sell-off. The electric vehicle (EV) maker had a tough year in 2024, although Chief Executive Officer Elon Musk continues to be very upbeat about the future.

Tesla’s (TSLA) electric vehicle registrations in California declined by about 12% last year, according to industry data. This downward trend is

Tesla's electric-vehicle registrations in California fell about 12% last year, according to industry data, indicating mounting challenges for the automaker in the key U.S. market. While high interest rates,

Chief Executive Officer Elon Musk is no stranger to hyperbole. For example, he once called the Hyperloop, which was never built, the "fifth mode of transport" and famously promised to take Tesla private in a Twitter post,

While other business factors also came into play, Tesla likely lost business in California as a result of the role Elon Musk played in the U.S. election.

For years, Tesla has been the undisputed heavyweight of California’s growing electric vehicle market. It’s dominated sales charts, crushed the competition, and made itself syn

For years, Tesla has been a leader in the electric vehicle market. The company’s products have pushed envelopes, raised the bar, and generated unprecedented buzz – along with booming sales. However, the days of Tesla’s total dominance in the EV world may be drawing to a close.

Registration of Tesla’s electric vehicles (EVs) in California plummeted by 11.6 percent in 2024, a new report has found. The company’s market share also dropped 7.6 percent last year, now holding just 52.