Tesla continues to dominate the US electric car sales market, which can make it seem as though not much is changing here. However, the biggest story is probably that the US electric car market as
compared to 2021. than in the 4th quarter of 2021! So, the sales growth is apparently only speeding up even as the market gets bigger — for now, at least.
The 4th quarter of 2022 was the 7th consecutive quarter in which US BEV sales increased. The last time there was a quarter-over-quarter decrease was from Q4 2020 to Q1 2021, when sales decreased just slightly from 95,203 to 94,084. By Q4 2022, though, the market was up to 235,133. That’s aUS BEV sales trends from 2019 through 2022, including Tesla vs. other automakers. Click to embiggen.
in 2022 compared to 2021 as a whole, and increased 84% from Q4 2020 to Q4 2o22. That’s great growth, but what we see here is that the US BEV market as a whole is growing faster than Tesla on its own — which makes sense when you consider that several attractive, somewhat mass-market BEV models have been launched in the past year or two.
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