Tesla Emerges As Big Winner In Brutal 28% EV Sales Slump

Ahead of Tesla Inc's (NASDAQ:TSLA) first-quarter delivery report, the electric vehicle giant may have some good news when it comes to its home U.S. market. The good news comes of course, with bad overall news for the sector.

U.S. EV Sales Down 28% In Q1, But Tesla A Winner

EV sales in the United States were down 28% in the first quarter, but recent shifts to searches for electric vehicles on the heels of higher gas prices could be providing a bump towards the end of the quarter.

A new report from Cox Automotive, as shared by InsideEVs, said 213,000 new electric vehicles were sold in the United States in the first quarter, down 28% year-over-year. The figure was also down 9% from the fourth quarter of 2025.

In the first quarter, electric vehicles made up around 5.8% of all automotive sales, in line with the fourth quarter. The figure was down around two percentage points from the first quarter of last year and down from ...

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Tesla Emerges As Big Winner In Brutal 28% EV Sales Slump

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