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HomeNewsTesla's sales 105.8% more than last year in the US

Tesla’s sales 105.8% more than last year in the US

Tesla sold 47,629 cars in August, around 11% more than in July, showing an upward trend month-over-month.

According to a report published by TrueCar, electric vehicle maker Tesla’s sales so far in 2022 are an impressive 105.8% above last year in the US. 

TrueCar mentioned that in the US, Tesla sold 47,629 cars in August, around 11% more than in July, showing an upward trend month-over-month. Tesla has increased its United States market share year-over-year from 2.1% in 2021 to 4.1% this year. That is almost double, but it is still far behind overall sales leaders like General Motors with 16.4% or Toyota with 14.8% market share.

The report does not differentiate between EVs and other types of vehicles. It is essentially comparing Tesla to other automakers whose bulk of sales is still made up of gas-burning vehicles. 

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In Australia, Tesla outsold the ever-popular Toyota Camry to become the fourth best selling vehicle in the country in August. Tesla has been manufacturing and selling cars quicker than ever in China, with an awe-inspiring 77,000 Model Y and Model 3 sales combined last month alone.

In Europe, the Tesla Model Y and Model 3 are still the two most popular electric vehicles, and it controls just under 7% of the Old Continent’s plug-in vehicle market share. Its share is set to grow as the Shanghai Gigafactory (which produces cars for Europe) has resumed production after several lockdown-related shutdowns. In contrast, production at Giga Berlin (most of which will be destined for Europe) is ramping up.

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Sahil Pawar
Sahil Pawar
I am a graduate with a bachelor's degree in statistics, mathematics, and physics. I have been working as a content writer for almost 3 years and have written for a plethora of domains. Besides, I have a vested interest in fashion and music.

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