Tesla is losing the American electric car market - Musk's share has been reduced to 65%

Tesla continues to be the undisputed leader in the American electric vehicle market, but its share in the United States

is rapidly declining. The drop was especially noticeable in the last quarter of 2022.

What is known

Between October and December 2022, the companyElon Musk controlled about 58% of the American electric car market. The fall compared to the last quarter of 2021 was 20%.

According to the results of all 2022, the share of Tesla in the US is alsodecreased, but not as critical. Competitors continue to crush Elon Musk's company. In 2022, Tesla remained the undisputed leader of the US market, although the share fell from 72% to 65%.

Last year the manufacturer was able to sell522,388 vehicles. For comparison, Ford Motor Company, which took second place in the American market, sold almost an order of magnitude fewer vehicles - 61,575 units.

In just 12 months, 808,619 were sold in the US.battery-powered cars including 225,689 units from October to December inclusive. Market capacity increased by 66% over the year, and by 58% in the last quarter. The share of the electric vehicle segment increased from 3 to 6%.

A total of 30 models were sold last yearelectric vehicles in the amount of more than 1000 units. The most popular car was the Tesla Model Y. The top three included the Model 3 and the Ford Mustang Mach-E. Next come the Chevrolet Bolt EV, Model S and Model X. Moreover, the cost of the last two in the basic configuration is $95,000 and $110,000, respectively, taking into account the latest price reduction).