Musk Toasts Tesla's US Lead—But BYD Is 3X Bigger Globally

Tesla sold 117,300 EVs in the U.S., versus roughly 99,000 electric vehicles from all other automakers combined, giving it an outright majority of the market. The note is primarily a market-share and positioning datapoint rather than a fundamental update, with limited immediate price impact on its own.

Analysis

Tesla sold 117,300 EVs in the U.S., versus roughly 99,000 electric vehicles from all other automakers combined, giving it an outright majority of the market. The note is primarily a market-share and positioning datapoint rather than a fundamental update, with limited immediate price impact on its own.