Ahead of Q3 Earnings, Tesla Sees Mixed Picture in California

Tesla (NASDAQ: TSLA), the world's most valuable automaker, releases Q3 2020 earnings on Wednesday evening, Oct. 21. But late Monday, investors got a glimpse at how the company fared in California, its largest U.S. market, thanks to a report from research firm Cross-Sell.

Cross-Sell compiled vehicle registration data and found that, although overall third-quarter Tesla deliveries hit a record at 139,900, Tesla registrations were down 13% year over year in the Golden State. The primary culprit was a big drop in Model 3 registrations.

Image source: Tesla.

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Source Fool.com