Tesla US registrations dip 11% in January, the latest sign of demand weakness and consumer backlash

News Snapshot:

The latest data out of the US shows Tesla (TSLA) sales slipping here too, following drops in regions like Europe and China. S&P Global Mobility reports registrations for Tesla vehicles in the US dipped to 43,411 in January, an 11% dip compared to a year ago. Though Tesla retained the top spot in terms of US market share at 42.5%, it represented a whopping drop of 12 percentage points from a year ago. Automotive News first published the S&P data. Tesla does not report sales data by month or region, so registration data is seen as the best measure of...