Market demand for Tesla EVs in Europe could be building a bottom after the brand suffered only a 28% drop last month.

Electric vehicle market share in the U.S. has dropped by over a percentage point since its prior highs. Here is why EV share has declined, and which brands are seeing losses and which gains.

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Tesla's new car sales in Europe fell 27.9% in May from a year earlier. Skip to main content Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv ...

Increased competition in the EV space also seems to be taking market share from Tesla. Image source: Getty Images. In the first quarter of 2025, Tesla reported 337,000 vehicle deliveries, the ...

Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now ...

In the United States, Tesla's market share of new EV sales has dropped to 43.5% compared to 75% at the start of 2022, a trend that may continue with the growing presence of EV products from legacy ...

Tesla, by comparison, generated $7.1 billion in profits. BYD also crushed Tesla in terms of market share, capturing over 30% of the EV market in China, compared to Tesla's 6%. How are they doing this?

Xiaomi has secured a 50-year lease for a 485,134m 2 plot of land in Beijing, China, with plans to use it for smart connected ...

This is why Rivian's share of EV sales has not grown significantly in reaction to Tesla's market share losses. Musk's customers have gone to legacy brands that can sell more affordable EVs.

While Tesla still commands a significant market share, there is growing fatigue among mainstream buyers with the brand's image and Elon Musk's polarizing persona," Paul Waatti, director of ...