Brand new Tesla vehicles are parked outside a Tesla dealership.
Teslas parked outside a showroom.
  • Tesla's US market share has fallen below 50% for the first time.
  • While Tesla's dominance is waning, overall electric vehicle sales are growing.
  • That's a sign Elon Musk made the right bet on electric cars.

Tesla's dominance in the EV market is slipping, but it's not time for CEO Elon Musk to panic just yet.