By Finance Pulse in Market Share —

Tesla's Market Share Drops Amid Rising Competition

Tesla's market share plummeted from 82.5% in Q3 2019 to 48.2% in Q3 2024, highlighting increased competition and challenges in the EV market.

An artistic representation of Tesla electric cars surrounded by competitors' vehicles to visually de
Tesla's Market Share Drops Amid Rising Competition

Tesla's market share declined significantly from 82.5% in Q3 2019 to 48.2% in Q3 2024, indicating increased competition and potential challenges.

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