Tesla's U.S. market share continues to drop

Tesla's market dominance is showing cracks. Its US EV market share dropped to just 38% in August, a near 8-year low, and the first time it slipped below 40% since 2017. That's according to Reuters, citing Cox Automotive.It's a sharp fall from the days when Elon Musk's company commanded more than 80% of the market. So, what's changed. Well, rival automakers are rolling out new electric models and luring buyers with big incentives.Meanwhile, Tesla's lineup is aging. Instead of refreshing or launching a lowerc ...