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Tesla Is About to Lose Its EV Market Majority in the US [Financial Post (Toronto, Ontario, Canada)]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Tesla Inc. is on the verge of losing a key bragging right it's held for the past six years: outselling all EV competitors in the US combined. In the 12 months through May, Tesla sold approximately 618,000 electric cars in the US, compared with about 597,000 fully electric vehicles sold by other manufacturers, according to the latest figures from Marklines, a provider of monthly auto industry sales data. Next week, carmakers are slated to report second-quarter sales, which will include popular new models from General Motors Co., Hyundai Motor Co. and its affiliated Kia Corp. Article content Tesla has made the top-selling EV in the US ever since its Model S luxury sedan blew past the Nissan Leaf in 2015, and has sold more EVs than the rest of the industry combined since the Model 3 took off in 2018. But after an initially slow response, traditional
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