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Gary Black Explains Tesla's US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It's Implausible

Source: benzinga.com

Automotive & EVAnalyst InsightsAntitrust & Competition
Gary Black Explains Tesla's US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It's Implausible

Investor Gary Black said Tesla's continued dominance of the U.S. EV market is partly attributable to legacy automakers scaling back their electric-vehicle initiatives. The commentary is modestly positive for Tesla's competitive position, though no market-share, sales, or financial figures were provided.

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