A drop in registrations for April and May in Tesla’s largest market highlights pressure on Elon Musk to maintain momentum on deliveries
Registrations of newly purchased Tesla Inc. vehicles plunged in the critical California market over the past two months, according to new data, underlining the challenge Chief Executive Elon Musk faces to keep investor enthusiasm that has helped propel the company’s share price.
The data from research firm Dominion Enterprises shows registrations fell by a combined 37% in April and May, offering the first window into how the U.S. quarantining measures to slow the spread of the coronavirus affected domestic demand for the Silicon...
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