Tesla's Market Share In US/Canada Is Approximately 4%: Q2 2023

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Tesla's Market Share In US/Canada Is Approximately 4%: Q2 2023 via InsideEVs

As we can see on the chart below, the rate of expansion was pretty consistent in the past few quarters and Tesla is expected to continue to increase its market share in North America also in the near future.

Let's not forget that the company is increasing its sales in the US by about 50 percent year-over-yearIn Europe, Tesla's market share is improving even faster thanks to the local production of the Tesla Model Y in Germany . The market share is now very close to three percent, compared to nearly two percent a year ago. Meanwhile,In China, Tesla also managed to increase its market share, which is now above two percent.

The positive outcome in all three markets is not a surprise, considering that Tesla is consistently increasing its production and sales volume,

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