Tesla Leads US EV Market with 25% Sales Growth Despite Slowing Momentum
• Tesla's US market share now 4.2%, surpassing Volkswagen, Subaru, and BMW
• Tesla sold 654,888 vehicles in US in 2023, a 25.4% jump from 2022
• Overall EV sales rose 46% in 2022; growth slowed in Q4 indicating sales plateau ahead
• Over 70 new EVs coming in next 2 years, bringing more competition
• Total new vehicle sales forecast to improve to 15.7 million in 2024 despite high prices and financing costs