Competitors chip away at Tesla’s US vehicle shares

DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the US EV market, according to national vehicle registration data. But numbers collected by S&P Global Mobility show that Tesla still controlled about 65% of the growing electric vehicle market during the first nine months of this year. And the competitors made gains in the sticker price range below $50,000, where Tesla barely competes. S&P said EVs have picked up 2.4 percentage points of US market share, this year, growing to 5.2% of all light vehicle registrations.