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Tesla rebounds with 52% US EV market share despite past sales collapse and political fallout.

Market News
15 Sep 2026
24/7 Wall Street
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Bullish
Tesla rebounds with 52% US EV market share despite past sales collapse and political fallout.

Tesla's US market share has recovered to 52% after a sharp decline in 2025 linked to CEO Elon Musk's political ties, which hurt brand loyalty and wiped out over $500 billion in market value. While overall US EV sales dropped 30% through August 2026, Tesla's sales fell only 16%, outperforming rivals like GM and Ford who have scaled back EV efforts. Tesla's challenge remains its aging models, relying mainly on Model Y and Model 3, but its advanced Full Self-Driving software could offer a competitive edge if regulators approve full autonomy. The company is positioned to benefit if the EV market rebounds, maintaining a strong foothold despite recent setbacks.

Tesla shares trade at USD 361.70 on Pluang, up 0.76% as of Sep 15, 2026 20:51 WIB. The stock holds a market cap of $1.42 trillion despite recent challenges. Ford, a competitor, is priced at USD 13.79, down 0.47%, with a market cap of $55.27 billion, showing a more modest valuation in the EV space.

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