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Tesla's EV Market Share Is Low And Falling

https://seekingalpha.com/article/4350990-teslas-ev-market-share-is-low-and-falling

May 29, 2020 6:13 PM ET
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Summary
What have you, the investor, assumed for Tesla’s EV market share? Both globally, and in Europe? You are about to find out the real numbers.

Investors who are shown Tesla’s EV market share numbers globally and in Europe are surprised at how low they are.

Just as bad -- for a “growth company” anyway -- is that Tesla’s EV market shares globally and in Europe have been falling recently.

Tesla’s Model 3 EV market share in Europe is particularly bad: In three out of the last four months, it has ranged between 2% and 8%.

The cause of these low and falling market share numbers for Tesla is simple: An onslaught of new competition in early 2020. I list twelve new models taking share from Tesla.