Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
Tesla is accelerating away from the pack, so the answer is beyond obvious.

Just wanted to chime in here with my usual observation that this sentiment overlooks the significant success that legacy automakers have had in selling EVs outside the U.S.. Tesla absolutely dominates the U.S. EV auto market - but outside the U.S., it faces much more robust competition. For example, YTD the best-selling EV in Europe isn't a Tesla - it's the Renault Zoe.

Looking only at EV's made by Tesla and legacy automakers (ie. no Chinese firms, no PHEV's), here's the top-selling cars globally last year and this year through October:

		 2019			   2020	
Model 3 221274 Model 3 260927
Leaf 58909 Renault Zoe 74124
Renault Zoe 38722 Model Y 52294
Kona EV 36409 Kona EV 45693
BMW i3 34050 Leaf 41646
Model X 30559 Audi e-Tron 36246
VW e-Golf 29401 VW e-Golf 35071
Model S 21794 Kia Niro EV 29701
Peugeot 208 EV 25001

Tesla 273627 Tesla 313221
Legacy 197491 Legacy 287482

All sales figures from http://ev-sales.blogspot.com/

Tesla is definitely still the market leader, no doubt - they still have more than 17% of the overall plug-in market, and an even larger share of the pure EV market. That's well ahead of the nearest legacy maker (VW, at 7% of global share). But the legacy automakers are growing their EV production pretty solidly, and it's not clear that Tesla is still accelerating away from the pack.

Albaby
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.