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Tesla are not losing market share of total passenger vehicle sales. That's the only number that matters.



It's still an important sign in terms of where Tesla will end up in the overall market.

Tesla is a tiny player in terms of overall sales, so a 50% YOY growth in marketshare is still possible. If they're also experiencing a 50% decrease in the share of new EV's sold, that's not a sign that they will dominate the EV market as their current valuation would suggest.




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