Normal view
9 ways to cut your car insurance bill as rates keep rising
Changan CS35 Max: Multi-Link Rear Suspension Delivers Urban Agility

Tesla outsells all other brands combined as America's EV market resets

Kevin Dietsch/Getty Images
- Tesla accounted for more than half of US electric-vehicle sales in the third quarter.
- Its quarterly sales increase exceeded the entire market's gain, Cox estimates show.
- High gas prices are helping EVs compete, though sales remain below last year's levels.
Tesla is taking a bigger slice of America's electric-vehicle market as high gas prices give drivers another reason to consider ditching the pump.
The company sold an estimated 144,094 vehicles in the US in the third quarter, up from 124,800 in the previous three months, according to Cox Automotive's latest sales report.
That increase was bigger than the gain for the rest of the US EV market. Put another way: Tesla drove the recovery. Everyone else, taken together, went backward.
The figures offer a new twist on the EV comeback I wrote about in July. Back then, sales had finally improved after the slump that followed the end of federal incentives in the US. Several manufacturers were benefiting, but only those with the fortitude to stick with EVs after federal government support waned.
While recovery continued in the third quarter, it became more dependent on Tesla.
Americans bought 262,649 new EVs during the period, about 6% more than in the second quarter. Sales outside Tesla fell roughly 3%, based on a comparison of Cox's latest counts with its second-quarter report.
Tesla's own sales rose about 15% from the second quarter. It supplied 54% of the country's new EVs in the third quarter, extending its lead from the previous period.
High gas prices help make the case for going electric, according to Cox.
"With gas prices well above $4 a gallon, electric vehicles look better than ever," Stephanie Valdez Streaty, Cox's director of Industry Insights, said in the company's analysis of the quarter.
Expensive gasoline and diesel make running a conventional vehicle more painful. For drivers who can charge cheaply, particularly at home, an EV offers a valuable alternative to repeated trips to the pump.
There's an important caveat to the comeback story: Sales are improving from a depressed level.
Total US EV sales were down almost 40% from a year earlier. Last year's third quarter was unusually strong because buyers rushed to claim federal incentives before they disappeared.
Tesla's sales were down about 20% against that comparison. The company remains heavily dependent on two vehicles. The Model Y and Model 3 accounted for roughly 97% of its US sales in the latest quarter.
The Cybertruck sold over 4,300 units, and Tesla has stopped making the Model S and X. (There's a Roadster, though not until 2028).
So Tesla's growing dominance isn't a story of every model flying out of showrooms, or of selling more cars than a year ago.
For now, it is winning a larger share of a smaller market. As Americans return to EV shopping, Tesla is capturing more of their business.
Sign up for the AI Insider newsletter here. Reach out to me via email at abarr@businessinsider.com
Honda Abandons US EV Production After $15 Billion Losses, Shifts to Hybrid Strategy

White House 2027 tariffs on Canadian-built vehicles threaten Toyota and Honda

Germany Mandates Tesla to Rename 'Full Self-Driving' to 'Assisted Driving'

The best minivans of 2026, ranked by KBB
10 things mechanics notice the moment you bring in your car
Russian brands to overtake Chinese rivals in 2026 car market share

From Soviet-era UAZ to Aurus limousines: Russian cars used by foreign leaders

10 car brands with the longest recall histories
Pajero 2026: The Trade-Off Between Heavier Mass and Proven Off-Road Pedigree

Why the V6's Rough Reputation Is a Legacy of Cost-Cutting Geometry, Not Physics

AvtoVAZ Begins Daily Production of LADA Azimut Crossover for Russian Market

Flying Grille Deflectors: GMC Sierra 1500 Under Investigation for Road Hazard

Tesla unveils new ‘flying’ car, but consumer rollout likely still years away

No 10 leaves option open to impose Chinese EV tariffs if UK joins EU scheme
Beijing warns against ‘discriminatory’ step after France drops opposition to British role in Made in Europe package
No 10 has left the door open to imposing tariffs on Chinese-made electric vehicles as part of the Made in Europe package, prompting a warning from Beijing that such a move would be “discriminatory”.
Downing Street said on Friday that it would “welcome the objective to have the UK included in the Industrial Accelerator Act” after France dropped its opposition to Britain joining the scheme.
Continue reading...
© Photograph: Nick Carey/Reuters

© Photograph: Nick Carey/Reuters

© Photograph: Nick Carey/Reuters
- The Guardian - World news
- No 10 leaves option open to impose Chinese EV tariffs if UK joins EU scheme
No 10 leaves option open to impose Chinese EV tariffs if UK joins EU scheme
Beijing warns against ‘discriminatory’ step after France drops opposition to British role in Made in Europe package
No 10 has left the door open to imposing tariffs on Chinese-made electric vehicles as part of the Made in Europe package, prompting a warning from Beijing that such a move would be “discriminatory”.
Downing Street said on Friday that it would “welcome the objective to have the UK included in the Industrial Accelerator Act” after France dropped its opposition to Britain joining the scheme.
Continue reading...
© Photograph: Nick Carey/Reuters

© Photograph: Nick Carey/Reuters

© Photograph: Nick Carey/Reuters
- PBS NewsHour - The Latest
- Tesla's new Roadster car can thrust itself in the air. Don't expect to drive it anytime soon
Tesla's new Roadster car can thrust itself in the air. Don't expect to drive it anytime soon
