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Reuters
Tesla registrations in California surge 85% in second quarter – data
California registrations for the Model Y, Tesla’s electric crossover utility vehicle, jumped more than sevenfold to 13,581, Cross-Sell data showed on Thursday. The focus is now on the company’s second-quarter earnings report due on July 26, with investors waiting to gauge if bitcoin’s recent fall would hit Tesla’s bottom line, due to its exposure to the cryptocurrency’s volatility. Total second-quarter vehicle registrations in the 23 states where data was collected stood at 46,926, with Model Y accounting for more than half of the registrations.
