But even as sales for EVs are reaching record highs, Tesla’s control over the market is starting to seriously wane, slipping below 50 percent in the second quarter of this year, the New York Times reports. Tesla represented 49.7 percent of EV sales over that period, down from 59.3 percent in Q2 of last year.
So EV market has grown, but overall sales of Tesla have declined in both Q1 and Q2 this year compared to Q1 and Q2 respectively of 2023. I feel like “collapsing” is hyperbole though, but that’s what the article says. (And clickbait attracts more clicks right?)
my mistake. I admit I see titles like this and I assume they are gaming it because of the metric they are using. Just saying their sales are declining year over year would be more direct.
No problem.
This headline sucks for many reasons. But I have rule5 for a reason. If the original website is clickbaity, its better to just be honest and blame the website for its clickbait. There’s too much abuse when everyone else editorializes headlines themselves.
oh im totally blaming the website. Not sure its really more clickbaity as one over the other its just tesla has never been all that large so talking in terms of market share becomes wierd as it had an unusually large share relative to its size for the subset of the market.