Tesla records 105% sales growth in the US in August, doubles market share

  • Tesla ended 2021 with good performance, and it seems the automaker is on its track for further improvement.
Tesla Model Y electric vehicles spotted at Tesla's Texas Gigafactory (@peterdog15/Twitter)
Tesla Model Y electric vehicles spotted at Tesla's Texas Gigafactory

Tesla sold 47,629 cars in August in the US market, up from 23,140 units sold in 2021. Also, the automaker's latest sales result marked around 11 per cent sales growth compared to July this year. The automaker appeared to be continuing its month-on-month growth momentum. The automaker also posted a whopping 105.8 per cent growth this year as compared to last year. With this, Tesla has been able to ramp up its market share to 4.1 per cent this year, up from 2.1 per cent in 2021. With this sales performance, Tesla has been able to inch closer to Nissan and Volkswagen's market share this year.

Also Read : Mahindra XUV400, rival to Tata Nexon EV, showcases its looks in new teaser

However, Tesla's market share in the US is still far behind General Motors' 16.4 per cent or Toyota's 14.8 per cent. Not only in the US, but the US electric car manufacturer has been doing well elsewhere too. In Australia, it outsold the ever-popular Toyota Camry and became the fourth-best selling vehicle in the country in August. In China, Tesla has been building and selling cars more quickly than ever. The automaker sold 77,000 units of Model 3 and Model Y sales combined last month alone.

Also check these Cars

Find more Cars
Tesla Model 3 (HT Auto photo)
BatteryCapacity Icon82kWh Range Icon 555 km
₹ 70 - 90 Lakhs
View Details
Tesla Model S (HT Auto photo)
BatteryCapacity Icon75 kWh Range Icon396 km
₹70 Lakhs - 1 Cr
View Details
Lexus Es (HT Auto photo)
Engine Icon2487.0 cc FuelType IconMultiple
₹ 56.55 - 62.19 Lakhs
View Offers
Bmw I4 (HT Auto photo)
BatteryCapacity Icon83.9 kWh Range Icon493 Km
₹ 69.90 Lakh
Volkswagen Id.7 (HT Auto photo)
BatteryCapacity Icon77 kWh Range Icon621 Km
₹ 70 Lakhs
View Details
Hyundai Creta (HT Auto photo)
Engine Icon1497 cc FuelType IconMultiple
₹ 11 - 20.15 Lakhs
View Offers

In Europe, the Tesla Model 3 and Model Y are still the two most popular electric vehicles, and it controls just under 7 per cent of the continent’s plug-in vehicle market share. Its share is set to grow more as the Shanghai Gigafactory has resumed production after several lockdown-related shutdowns, while production at Giga Berlin is currently being ramped up. Both the Gig factories in Berlin and Shanghai make cars for the European market.

First Published Date: 06 Sep 2022, 17:01 PM IST

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.