Tesla California Registrations Drop 24% as Hybrids Surge, Model Y Leads

Tesla's Q1 vehicle registrations in California fell 24% year-on-year, per the California New Car Dealers Association, as zero-emission vehicles slipped to under 14% of new sales while hybrids climbed to 21% market share. Initial reports highlighted a 24.3% plunge and ZEV sales dropping to 57,111 from 95,520. Despite headwinds, Tesla's Model Y remains the top-selling vehicle, and Governor Newsom announced $200 million in state subsidies for ZEVs, though the shift signals near-term pressure on Tesla's key U.S. market and shares.