Q1 2021: Tesla market share is shrinking

by bitflag

While Tesla sales are booming, as a whole its market share is shrinking worldwide:

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If we gather plugin sales by Automotive Groups, Tesla ended the first quarter of the year in the lead, with 16% share, 3% less than a year ago

Looking only at BEVs, Tesla is comfortable in the lead, with 25% share, but has lost 4% share regarding the same period of last year

As now almost every manufacturer is pushing hard on EV and a lot of models are launching this year, it appears Tesla is on track to be a major player in the car industry but not necessarily dominant.

 

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