In 2020, Tesla controlled nearly 80% of the U.S. market, based on data from Experian. By 2022, that was down to 65.4%, followed by 55% in 2023. This year, per Cox Automotive, that share continues to decline, hovering around 45% as of July 11.

Tesla’s new registrations in California fell 21.1 percent in the second quarter. Still, the Model Y and Model 3 remain California’s best-selling electric vehicles. Honda Prologue and Mustang Mach-E are gaining traction in the Golden State.

ET with analyst reactions Shares of Tesla (NASDAQ:TSLA) are straddling the flatline in postmarket trading as the company’s second quarter results were not as bad as Wall Street expected and avoided a second consecutive top- and bottom-line miss with profits in-line with expectations.

Elon Musk says Tesla could hit a $20 trillion valuation with “extreme execution.” But with earnings slipping and Bitcoin holdings limited, is that even realistic? Here's the math behind the moonshot.

Tesla's registrations in the West Coast state fell more than 20% in the second quarter compared with the previous year, according to new data.

The electric vehicle revolution has created massive winners, but the next decade could see a dramatic reversal of fortunes. One overlooked giant is already laying the groundwork.

Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.

Tesla is facing a rough path ahead and will likely struggle unless Elon Musk fixes his public image, longtime investor Ross Gerber says.