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Tesla isn’t just dominating the EV market in ... Tesla increased its market share in the US across all automakers to 4.2% in 2023 from 3.8% in 2022. That 4.2% market share resulted from 654,888 ...
That push at the end of the year helped Tesla shares end 2024 with a market-beating gain of about 62%. The stock even hit a record high before pulling back near the end of December.
With Tesla now sitting at 49.7% of the market, Cox found that Ford's Mustang Mach-E, Ford Lightning EV pickup, and E-Transit cargo vans have put it in second place with a 7.2% share.
That being said, without more sub-$40,000 EVs like Tesla’s Model 3 and the Chevrolet Bolt, the industry might struggle to hit a 10% EV market share, let alone 20% nationally. Pras Subramanian is ...
For example, Tesla's share price gain of 100% over the past 12 months (as of this writing) means the stock's forward price-to-earnings ratio is a very pricey 115.
Tesla has had a rough 2024, with its shares down 34% year to date. But the electric-vehicle space in general is having a difficult time, and, relatively speaking, Elon Musk’s carmaker is sitting ...
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