Tesla still dominates US EV sales. It may represent less than 50% of the market finally, but it’s still nearly as much as every other automaker combined, which is stunning and not at all the sign of a mature market. One has to expect its share will continue to decline as other automakers continue to offer new models, offer better specs and value for money, and scale up production more and more. Well, I guess some people expect that Tesla will bounce back, see a surge in sales, and shoot above 50% market share again. I don’t see that happening, at least not for long. The long term trend is down from about 80% of the US market to less than 50% of the US EV market, and I expect that trend will continue for years to come.
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