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.