BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Tesla market share falls to 9.9% in California; Toyota grows

Tesla’s Market Share in California Plummets in 2025, Clearing Path for Asian Rival’s Growth

  • Tesla registrations in California fell to 179,656 in 2025, down from 202,865 the prior year.
  • Tesla market share dropped to 9.9% from 11.6%, placing it behind Asian brands like Toyota and Honda.
  • Overall EV registrations in California declined to 20.9% of the market, down from 22%, the first year-over-year drop since 2020.
  • Toyota remained the top-selling brand with 322,068 registrations, an 11.6% increase; Lexus rose 4.8% to 65,623 units.
  • Lucid saw registrations jump 58.7% to 3,910 units, nudging its market share to 0.2%.

According to published data, registrations for Tesla vehicles in California fell to 179,656 in 2025 from 202,865 in 2024, reducing the company’s state market share to 9.9% from 11.6%. The decline left Tesla behind Asian automakers such as Toyota and Honda in statewide brand rankings.

- Advertisement -

Other electric vehicle makers also lost ground but not as sharply in share. Registrations for Polestar fell 42%, and Rivian declined 7.5%, while Lucid increased registrations 58.7% to 3,910 units, lifting its market share to 0.2%.

EVs made up 20.9% of California’s light-vehicle market in 2025, down from 22% in 2024 — the first yearly drop since 2020. Despite the slide in EV share, the Model Y and Model 3 remained among the state’s best-selling vehicles, with the Model Y the top-selling EV in 2025.

Across all fuel types, Toyota was the best-selling brand with 322,068 registrations, an 11.6% increase that raised its market share to 17.8%. Lexus registrations rose 4.8% to 65,623 units.

Overall light-vehicle registrations rose 3.3% from 2024 to 2025, but the dealer association projects a 1.5% drop in 2026 as transaction prices approach $50,000. “Additionally, tariffs will almost certainly lead to rising vehicle prices, the labor market is weakening, and household incomes are barely keeping pace with inflation,” the association said.

- Advertisement -

Retail investor sentiment on social platforms showed bullish interest in Tesla and Lucid, while sentiment for Toyota and Rivian was neutral. Over the past 12 months, Tesla shares rose about 8% and Toyota shares about 22%.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Binance.US seeks CFTC license for prediction markets

Binance.US will apply for a Designated Contract Market (DCM) license from the CFTC in...

Rails critical Active Storage bug lets attackers read files remotely

Ruby on Rails patched a critical Active Storage vulnerability, CVE-2026-66066 (CVSS 9.5), allowing unauthenticated...

AI Credit Default Swaps Surge, Nvidia Protection Cost Doubles

Demand for credit default swaps (CDS) on mega-cap AI stocks has surged, with NVIDIA's...

Binance launches USDT-settled gold and silver options via ADGM

Binance launches USDT-settled options on Gold and silver through its Abu Dhabi-regulated exchange.Retail users...

RufRoot vulnerability allows unauthenticated RCE in Ruflo

A maximum-severity vulnerability (CVE-2026-59726, CVSS 10.0) in the open-source AI agent platform Ruflo allows...

Must Read

Sushiswap vs Uniswap, What are the differences between these dex?

It's no secret that the world of decentralized exchanges has exploded in recent years. Many of you are probably wondering what the difference is...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading