Tesla vehicles also have dominated the US electric car market during the previous three decades. Based on the information presented by Trading Platforms, Tesla Electric Vehicles (EV) maintain a joint 74% share of the US electric automobile market – united unit sales of 430,592 in 2018-2021.
According to a recent report, the top 10 selling EVs in the usa for the previous few years accounts for 97% of all EVs sold in the US at an identical period. As of May 2021, the Tesla Model 3 is the top-selling EV in the usa within the previous three years, using 296,392 total unit revenue, giving Tesla’s hottest version a 50.6% share of the US EV market.
Tesla’s two different versions, the Tesla Model S and the Tesla Model X, equally maintain an 11.5% share of this marketplace using 67,335 and 67,225 total unit revenue sensibly within the past three decades. It provides Tesla’s three EVs an estimated joint 74% share of this market. The Chevy Bolt is the nearest competition to Tesla, using 57,629 units sold at precisely the same time interval to get a 90.8% share. However, the Nissan Leaf was the only other EV to maintain a more than 5% share of the US EV marketplace.
As of May 2021, Forbes lists Tesla as the 8th largest automotive company in the world, using a market capitalization of $710.1B. Rex Pascual, the editor in Trading programs, commented, Tesla isn’t just dominating the US EV marketplace but can also be a market leader in several EV rich regions like Mainland China and the EU.
Tesla’s standing among the leaders to bring EVs into the mainstream solidifies its position as a market pioneer of the EV business for a long time to come.