477
Tesla loses EV market dominance, falls below 50% in US [unit sales in 2024Q2]
(www.theregister.com)
this post was submitted on 11 Jul 2024
477 points (97.6% liked)
Technology
60033 readers
2770 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Unless the other 50.3% were of a single company, which i highly doubt, i fail to grasp how Tesla lost market dominance.
They lost dominance because they aren't the majority anymore, just the plurality. It's not a hard concept.
Their point was clearly that they are still the majority out of all other companies in comparison, just not the most compared to literally the aggregate of all other manufacturers.
That is the definition of plurality.
Right but I'm not sure why you said, "It's not a hard concept" when the person was responding to the headline that says they lost market dominance, when that seems a bit misleading.
I think the statistical nature of the comment you're replying to kinda flew right past you.
chinese EVs are cheap, plentiful and work just as fine as teslas
And aren't for sale in the USA. If they were Tesla would have lost that 50% a few years ago.
That said overall EVs are taking up a larger part of the overall market, so this is just a headline number. This was always going to happen as the other manufacturers started making competitive EVs.