Teslas us market share hits an eight year low – Breaking News & Latest Updates 2026
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Andrew J. Hawkins
Tesla’s US market share hits an eight-year low.

Tesla once commanded a dominant position in the EV market. But rising competition and an aging vehicle lineup — not to mention Elon Musk’s unique ability to alienate his liberal customer base — has taken a significant toll. The company’s share of the EV market in the US dropped to 38 percent in August, falling below 40 percent for the first time since 2017, Reuters reports.

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