Tesla’s U.S. market share was ‘probably close to peak’ in 2020: Analyst

Tesla’s U.S. market share was ‘probably close to peak’ in 2020: Analyst

Tesla’s (TSLA) record-setting share price rally in 2020 coincided with what may have been an all-time high in the company’s share of the U.S. electric-vehicle market, according to at least one analyst. 

“In the U.S., [Tesla has] more than quadrupled their market share in the U.S. electric vehicle market over the last five years,” Garrett Nelson, CFRA analyst, told Yahoo Finance Live on Monday. “But we think their market share is probably pretty close to a peak in 2020.” 

“They just haven’t…


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