Report: Tesla sold over 430K EVs from 2018-2021 – 74% share of U.S. market

Report: Tesla sold over 430K EVs from 2018-2021 – 74% share of U.S. market

According to a recent report, the top 10 selling EVs in the U.S. for the last three years account for 97% of all EVs sold in the U.S. for the same time period.

Tesla vehicles have dominated the U.S. electric vehicle market over the last three years. According to data presented by Trading Platforms, Tesla electric vehicles hold a combined 74% share of the U.S. electric vehicle market – combined unit sales of 430,592 from 2018-2021.

According to a recent report, the top 10 selling EVs in the U.S. for the last three years account for 97% of all EVs sold in the U.S. for the same time period. As of May 2021, the Tesla Model 3 is the top-selling EV in the U.S. over the preceding three years with 296,392 total unit sales, giving Tesla’s most popular model a 50.6% share of the U.S. EV market.

Tesla’s two other models, the Tesla Model S and the Tesla Model X, both hold an 11.5% share of the market with 67,335 and 67,225 total unit sales respectively over the last three years. This gives Tesla’s three EVs an estimated combined 74% share of the market, according to Trading Platforms.

The report says the Chevy Bolt is the closest competitor to Tesla with 57,629 units sold in the same time period for a 90.8% share, while the Nissan Leaf was the only other EV to hold a more than 5% share of the U.S. EV market.

As of May 2021, Forbes lists Tesla as the 8th largest company in the world with a market capitalization of $710.1B.

Click here for charts/statistics from Trading Platforms.

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