Tesla’s grip on the U.S. electric vehicle market has slipped to its lowest level in nearly eight years. The company now holds just 38% of U.S. EV sales, falling below 40% for the first time since October 2017, according to data from Cox Automotive. This sharp decline shows a troubling pattern for Tesla. Its market share has fallen steadily from 48.7% in June to 42% in July, and now 38% in August 2025. While Tesla’s sales actually grew by 3.1% in August, the broader EV market surged by 14%, showing that buyers are increasingly choosing other brands. “When you’re a … Continue reading Tesla Market Share Drops to 38% – Lowest Since 2017 as Competition Heats Up