Tesla still dominates US EV sales. It may represent less than 50% of the market finally, but it’s still nearly as much as every other automaker combined, which is stunning and not at all the sign of a mature market. One has to expect its share will continue to decline as other automakers continue to offer new models, offer better specs and value for money, and scale up production more and more. Well, I guess some people expect that Tesla will bounce back, see a surge in sales, and shoot above 50% market share again. I don’t see that happening, at least not for long. The long term trend is down from about 80% of the US market to less than 50% of the US EV market, and I expect that trend will continue for years to come.
The US is one of the richest countries in the world, but the market share of bevs is lower then global average. Money is clearly not the problem.
Being the richest country doesn’t mean much when the wealth distribution is so top heavy. There are no inexpensive EVs here. The cheapest ones cost roughly half the median income.
The cheapest EVs are still cost over a years worth of median salary in China. Even in the US cheap EVs are cheaper then the average car sold.
That is besides the US still having a lot of rich people.
What’s the median car sold? Because those rich people with garages full of McLarens and astin martins are pulling up that average.