The California New Car Dealers Association (CNCDA) released a car outlook report on July 18th, which showed that as Tesla's sales continue to decline in California, the future of Tesla seems increasingly uncertain; Compared to the same period last year, Tesla's registration volume has significantly decreased by 17%. Although Tesla's Model Y remains the best-selling car in California, Tesla's sales may have reached their peak. The new data marks the third consecutive quarter of decline in the brand's registration volume (a 24.1% decrease in the second quarter of 2024, a 7.8% decrease in the first quarter of 2024, and a 9.8% decrease in the fourth quarter of 2023).