Fact is, US EV sales are up 50.7% YOY. Next year, sales will be up again, and the year after that, and the year after that. Other manufacturers are obviously making a small impact on Tesla. Even Ford who are in deep poo trying to get an EV market improved EV sales in November.
https://insideevs.com/news/699231/ford-us-ev-sales-november-2023/
Hyundai/Kia also starting to ramp sales.
https://iqfine.com/hyundai-ioniq-recorded-3x-u-s-sales-in-november-2023/
Yes, you are correct, Tesla face stiff competition from other EV manufacturers and will see their share of the ever increasing EV market, reduce. Upon saying that, their sales are still increasing YOY.
Meanwhile in the world’s biggest EV market, EV sales growth has accelerated again in November.
https://www.reuters.com/world/china/china-car-sales-growth-speeds-up-november-price-war-intensifies-2023-12-08/
ICE sales peaked in 2017 and the unstoppable transition to electrification of transport and everything continues.
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