More Good News for Rivian Investors -- at Tesla's Expense
Let's start this by being very clear about one thing: (NASDAQ: TSLA) still largely dominates the U.S. electric vehicle (EV) market, and its price cuts have put serious pressure on competitors. However, new vehicle registration data shows Tesla's dominance is slowing a bit and a handful of brands are surging. Here's what investors need to know.
Here are the new EV U.S. registrations for January through October 2023, for any brand that generated over 1% market share. The takeaways are pretty obvious, and Tesla's dominance in market share is clear.
Data source: Experian. Chart by author.
Source Fool.com
Tesla Inc Aktie
204,15 €
0,89 %
Leichtes Buy-Interesse bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Für Tesla Inc sieht die Community ein Kursziel von 245 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 204.15 € bedeutet.
