https://www.asktraders.com/analysis/tesla-stock-faces-pressure-as-market-share-slides-to-2017-levels/
ANALYST OUTLOOK AND FUTURE PROJECTIONS
Analysts foresee a continued decline in Tesla's U.S. EV market share as more affordable and diverse EV options become available. Projections indicate that Tesla's market share could fall to 18% by 2026, a steep drop from the 62% it held in 2022. This anticipated decline reflects the growing competition and the increasing availability of EV models from various automakers. Markets are adjusting to this new reality, reassessing Tesla's valuation in light of these challenges.
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