Tesla Is Reclaiming the U.S. EV Market as Legacy Automakers Retreat

U.S. EV sales remain depressed, but Tesla’s market share has recovered from its 2025 nadirElon Musk once predicted that an end to America’s federal electric-vehicle tax credit would be painful for Tesla TSLA 0.52%increase; up pointing triangle at first, but ultimately beneficial to the automaker in the long run. He was right, at least in a relative sense. Recent auto-sales data indicates that Tesla is once again gaining ground in the U.S. EV market as legacy automakers retreat from battery-powered cars. Musk’s company is back to comprising more than half of the U.S. EV market, with a 52% share in...