Tesla's Market Share Reaches Lowest Point in Eight Years: TDS

Tesla's Market Share Reaches Lowest Point in Eight Years: TDS

      Tesla

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      Good morning and welcome to The Downshift, or TDS for short.

      Concise and efficient, TDS compiles all the latest global automotive news in one spot. Each story is summarized in a single sentence, with links for those interested in more details.

      📉 Tesla's market share in the U.S. has fallen to an eight-year low and is poised to experience its second consecutive year of sales decline as electric vehicle incentives disappear and competitors become more enticing.

      🚨 A raid on Hyundai's mega plant in Georgia is putting strain on business relations between Korea and the United States.

      🔋 The Scout Traveler and Terra electric vehicles will source their batteries from PowerCo, a VW subsidiary in Canada, which plans to start operations at its new factory in 2027.

      🧜‍♀️ Lamborghini is partnering with Seabob to develop a unique mini watercraft that pulls you through water at high speeds and resembles a car.

      😂 Conan O’Brien jokes that Brad Pitt ruined the clutch of his cherished 1992 Taurus SHO.

      🏁 Weekend Race Summary:

      World Endurance Championship at COTA: Kevin Estre clinched victory in the Lone Star Le Mans for Porsche after a weather change in the final hour turned the race into a chaotic sprint.

      NASCAR Cup Series Enjoy Illinois 300: Denny Hamlin secured his fifth win of the season, marking Toyota's 200th victory in NASCAR's history.

      NASCAR Xfinity Series: Connor Zilisch achieved his fourth consecutive win in the Xfinity Series.

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Tesla's Market Share Reaches Lowest Point in Eight Years: TDS

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Tesla's Market Share Reaches Lowest Point in Eight Years: TDS

Tesla's market share has reached its lowest point since 2017, indicating a deeper issue.