Tesla’s Market Share Just Plunged to a 2017 Low. Is This a Sign to Ditch TSLA Stock for Good?

Tesla (TSLA) shares remain in focus this morning after new data from Cox Automotive confirmed the automaker’s market share in the U.S. tanked last month to its lowest level since 2017. According to the automotive services provider, Tesla vehicles made up only 38% of nationwide EV sales in August. In comparison, the giant’s share in the U.S. stood at over 80% at its peak. More News from Barchart Tesla stock has been range-bound over the past four months. Versus its year-to-date low set in April, however, ...