How Long Can Tesla Continue To Dominate The U.S. EV Market?

How Long Can Tesla Continue To Dominate The U.S. EV Market?

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How long will Tesla hold onto its dominant electric vehicle (EV) market share? This is one of the biggest questions facing the U.S. automotive industry. On one hand, Tesla has a very strong brand and loyal customer base (similar to Apple). The company also has a headstart in EV production and spends more on R&D per car than its competitors. On the other hand, legacy automakers such as Volkswagen are eager to overtake Tesla. As the incumbents, they have decades more experience in building cars and are investing billions of dollars…

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