Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has been a market share leader in the EV space in many territories over the years, including the state of California. Here’s a look at how Tesla isn’t just winning the EV market in California, but winning the overall automotive sector market as well.
What Happened: Tesla had the two best-selling vehicles in the state of California in the first half of 2022 according to CleanTechnica. Here’s how Tesla stacked up to the competition.
For the first six months of the year, Tesla had the two top-selling vehicles in the state of California across all model classes, beating out several vehicles from Toyota Motors (NYSE: TM) for the crown.
Tesla had the top car in the state by units sold in the first half of the year and also the top SUV/truck, leading both categories. The Tesla Model 3 had a lead of over 10,000 units in the car category over the Toyota Camry. In smaller niche segments like luxury compact SUV, Tesla had even more dominant leads, selling almost 5x more than the Mercedes GLC Class.
