According to media reports, with the increase in production, Tesla, which has long dominated the US electric vehicle market, is also constantly increasing its share in the overall US automotive market. Data shows that they are the fastest-growing automaker in the US automotive market in the first quarter of this year.
Institutions’ data shows that Tesla has sold 180,993 electric vehicles in the US market in the first quarter, a year-on-year increase of 39.5% and a sequential increase of 37.6%.
In terms of sales volume, Tesla is the eighth highest-selling automaker in the US market so far in the first quarter, higher than General Motors, Ford, Toyota, Hyundai, Stellantis, Honda, and Nissan-Mitsubishi. General Motors, with the highest sales, sold 587,020 vehicles.
Automakers that sell less than Tesla include many well-known car manufacturers such as Volkswagen, BMW, and Daimler. Volkswagen has sold 143,185 vehicles, BMW has sold 82,651 vehicles, and Daimler has sold 79,535 vehicles.
Although Tesla’s sales volume in the US market in the first quarter has increased significantly year-on-year and sequentially, their year-on-year sales growth is still not as high as Rivian and Lucid, two electric vehicle manufacturers. The former’s sales growth increased by 563.8% year-on-year, and the latter increased by 192.9% year-on-year. However, they have a significant gap with Tesla in terms of sales volume. Rivian has sold 8,145 vehicles in the first quarter, and Lucid has sold 1,344 vehicles.
In terms of market share, Tesla, which has increased sales by more than 30% year-on-year and sequentially, is the fastest-growing automaker in the US automotive market in the first quarter. Their share in the first quarter has increased from 3.8% in the same period last year to 5.1%.
With the continuous increase in production capacity of the Texas Super Factory, which was put into production last year, and the further increase in production capacity of the Fremont factory in California, Tesla’s supply capacity to the US market will further enhance, and sales and market share in the US automotive market are expected to continue to increase.
