Tesla (TSLA) is leading a 95 percent rise in electric vehicle sales in the United States, according to latest registration statistics.
The carmaker market share, on the other hand, is declining, as was predicted.
Tesla’s market share in the electric car market in the United States is absurd, as we previously documented.
Tesla cars accounted for 79 percent of new electric car registrations in the United States for the whole year of 2020.
Throughout that time, the manufacturer was leading a market-wide rise of 11% in electric vehicle sales.
It certainly doesn’t sound like that much, but given that automobile sales in general were decreased in 2020 owing to the plague, the statistics were outstanding.
However, in 2021, it appears that evs will resume substantial growth in the United States.
According to recent data from Experian, electric vehicle registrations increased 95 percent between January and April 2021, compared to 36 percent for the entire US new car market.
Tesla continues to lead, but its market share has dwindled to 71 percent.
The top-selling models are identical to last year’s, with a few exceptions, such as Ford’s addition to the list with the Mustang Mach-E and Audi and Porsche’s sales acceleration.
According to registered statistics, the following are the top 10 electric vehicles in the United States from January to April 2021:
- Tesla Model Y: 53,102
- Tesla Model 3: 35,468
- Chevrolet Bolt EV: 13,611
- Ford Mustang Mach-E: 6,104
- Nissan Leaf: 5,023
- Audi e-tron: 4,321
- Porsche Taycan: 3,002
- Hyundai Kona: 2,192
- Tesla Model X: 1,730
- Tesla Model S: 1,633
As we predicted in our last analysis on records, Tesla’s sales in the United States will continue to rise, but its EV market share will decline as more EVs become affordable and they stand for a bigger part of the country’s overall automotive market.
It’s possible that’s what’s coming on now, with Tesla’s stock dropping from 79 percent in 2020 to 71 percent during the first four months of 2021.