Q&A: What Will Happen To Tesla’s Market Share?

Q&A: What Will Happen To Tesla’s Market Share?
Carl Hazeley

5 months ago1 min

Question: “With electric vehicle sales growing so quickly, what’s going to happen to Tesla’s market share?”

Answer: "Well, Katherine, if only we had a crystal ball! Predicting the future is always a bit of a gamble – but we can take a peek at some educated guesses. Bank of America, for instance, has done some number crunching. They reckon that Tesla’s slice of the EV pie in the US will shrink to 18% in 2026, down from 62% last year. But here's the twist: EVs are set to claim a bigger chunk of the overall car market. So, even with a smaller slice, Tesla’s share of the total car market could actually grow to 4.7% in 2026, up from 3.4% last year."



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