Tesla Is Losing Market Share. This Is How Much It's Down

  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The weakening of Tesla EV deliveries during the first quarter of 2024 undermined the company's global market share.

The weakening of Tesla EV deliveries during the first quarter of 2024 undermined the company's global market share. According to the industry data , highlighted by Tesla in its Q1 financial report, the brand's market share in the United States/Canada slightly decreased from a peak of 4% at the end of 2023. We can estimate from the graph that the current number is closer to 3.8%. Get Fully Charged Tesla EV sales growth slows down In 2023, Tesla delivered a record number of over 1.

Tesla repeated its previous explanation: 'Our company is currently between two major growth waves: the first one began with the global expansion of the Model 3/Y platform and we believe the next one will be initiated by advances in autonomy and introduction of new products, including those built on our next generation vehicle platform.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 579. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spain Has 11% Plugin Vehicle Share — New Monthly Market Share ReportClean Tech News & Views: EVs, Solar Energy, Batteries
Source: cleantechnica - 🏆 565. / 51 Read more »

Goldman earnings, Tesla job cuts, Apple market share - what's moving marketsGoldman earnings, Tesla job cuts, Apple market share - what's moving markets
Source: Investingcom - 🏆 450. / 53 Read more »

Colombia’s EV Market Grew 23% in Q1 & Reached 4% Market Share in MarchQ1 report: EV sales grow 23% in Colombia amidst a falling market, reach 4% Market Share in March!
Source: cleantechnica - 🏆 565. / 51 Read more »