Tesla continues to dominate EV car sales in the US even as competition mounts

According to the latest sales numbers, Tesla continues to dominate EV sales in the United States, even with many new entries into the EV market, including established automakers like Ford, Tesla continues to lead the pack.

Tesla’s lead and the latest EV sales numbers come from data from Axios.

Over the past year, EV sales have doubled and now represent about 5 per cent of new car sales in the United States. However, even as options diversify, Tesla continues to represent more than  60 per cent of all EV sales in the country.

As of April, the latest month that data is available, Tesla accounted for 61 per cent of all EV sales.

Ford accounted for eight per cent. While sister brands Hyundai (6 per cent) and Kia (6 per cent) rounded out the top four.

For comparison’s sake, Tesla Model Y registrations (14,152) were four times that of the Ford Mustang Mach-E (3,287) in April.

However, even as these sales numbers are strong, Tesla does have some issues to overcome

  • Due to supply and production issues, the vast majority of competitor EVs will not land until 2023 or 2024
  • Model X and Model S have essentially plateaued and are not due for a refresh anytime soon
  • The Cybertruck continues to face delays, and will enter production in mid-2023

At least to say, the EV space will be interesting to watch over the next few years.

Tesla Model 3 ranked 9th in global sales in 2021

Source: Axios

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