Tesla Market Share Declines in U.S.

Tesla’s market share in the United States has decreased to its lowest level since 2017, a result of increased competition from established automakers offering robust incentives for electric vehicles. This shift in the market landscape presents challenges for Tesla’s continued growth. Analysts attribute this trend to manufacturers accelerating EV adoption to capitalize on government incentives, impacting Tesla’s sales performance. The overall EV market is intensifying, creating a more competitive environment.

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