Tesla to dominate U.S. electric vehicle market in fourth quarter of 2023

In the fourth quarter of 2023, Tesla accounted for 56.3% of the US electric vehicle market, far higher than other brands. Ford, Rivian, Mercedes, Chevrolet and Hyundai accounted for 8.6%, 4.6%, 4.5%, 4.4% and 4.4% of the market share respectively.