"Tesla's U.S. sales fell by over 8% in the first quarter of 2026, marking its third straight year of Q1 sales declines, with 117,300 units sold."
"Despite the decline, Tesla gained market share as the overall EV market contracted sharply, with total EV sales in the U.S. down 27% year-over-year."
"Tesla's market share jumped from 43.2% to 54.2% year over year, even as non-Tesla EV sales fell by a staggering 41%."
"The expiration of federal tax credits and a shift in focus towards AI and robotics have compounded challenges for Tesla's core passenger-vehicle business."
In the first quarter of 2026, Tesla's U.S. sales dropped by 8.4% year-over-year, marking its third consecutive year of Q1 sales declines. Despite selling 117,300 units, the company gained market share due to a significant contraction in the broader EV market, where total sales fell by 27%. Non-Tesla EV sales plummeted by 41%. Tesla's market share increased from 43.2% to 54.2%. The expiration of federal tax credits and a shift in focus towards AI and robotics have impacted Tesla's core vehicle business.
Read at insideevs.com
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