Photo Credit:General Motors

Tesla's Share of the EV Market Shrinking

11 Jul 2024 | Abstracted from Futurism

"Tesla;;s control over the market is starting to seriously wane, slipping below 50 percent in the second quarter of this year...down from 59.3 percent in Q2 of last year...demand for electric vehicles is still growing, with sales increasing 11.3 percent year over year

"Tesla's domestic competition is really starting to heat up... Chevrolet is expected to put out an Equinox SUV that costs just $35,000 before a federal tax credit..."

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