Tesla's U.S. market share dropped to 38% in, its lowest. This decline comes as buyers choose electric vehicles from rival companies over Tesla's aging lineup. Today, Tesla faces tough competition from automakers offering attractive incentives. From July to August, Tesla's sales growth slowed to 3.1%, while the broader EV market grew by 14%., analysts expect an EV sales bump due to expiring federal tax credits. Next, Tesla must balance supporting sales with incentives or maintaining profits at the cost of market share. The company's focus on robotaxis and humanoid robots has delayed plans for cheaper EV models. (Updated 9 Sep 2025, 11:01 IST; source: link)
Key Points
- Tesla 's U.S
- market share dropped to 38% in, its lowest
- This decline comes as buyers choose electric vehicles from rival companies over Tesla 's aging lineup