US EV Sales Smash Records in August as Tesla Loses Ground

US EV sales smash records in August as Tesla loses ground

US EV sales hit a record 146,000 in August with nearly 10% market share, but Tesla’s hold on EV sales keeps slipping.

Tesla’s U.S. Market Share Drops to Lowest Level Since 2017

Tesla’s U.S. market share fell to its lowest point in nearly eight years in August, as buyers opted for electric vehicles (EVs) from a growing roster of rivals over the company’s aging lineup.

Tesla’s market share drops to lowest level in eight years

Tesla is no longer untouchable in the American electric vehicle market. In August, its share fell to 38% of total EV sales, the first time below 40% since October 2017, when Model 3 production began. While other manufacturers are introducing new electric models, Tesla has focused on robotaxis and humanoid robots, delaying plans for cheaper electric cars. Most of Tesla's enormous market value, estimated at a trillion dollars, is based on these am…

Ford recalls 1.5M vehicles, Tesla's market share falls, Mercedes-Benz partners to launch ultra-fast EV chargers

Top Stories  Ford recalls 1.5M vehicles over faulty rear-view cameras. Read More Tesla’s U.S. EV market share falls to an eight-year low amid rising competition. Read More Mercedes-Benz to launch ultra-fast EV chargers in 2026. Read More Used-Vehicle market holds steady in August as EVs lead price gains. Read More Featured Interviews  Larry Levine on expense reduction strategies to unlock massive profit gains Snowballing hidden costs often slip …