Tesla controlled 59% of the US electric vehicle market in Q4 2025, its highest share since 2023, up from 41% in Q3 2025. Total EV sales reached approximately 66,000 units in January 2026, down 29.9% year-over-year. During the same period, Tesla’s market share climbed to 60.5%, even as its own sales volumes dropped 17% month-over-month. The Model Y and Model 3 remain the top-selling models, with Hyundai, Toyota, Cadillac, and Rivian rounding out the top five US EV sellers. The expiration of certain federal EV incentives disproportionately affected higher-priced models from traditional manufacturers, giving Tesla a competitive edge.
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