Tesla shares of EVs in U.S. slip below 50% in Q2, NY Times reports

Tesla’s (TSLA) share of the market for EVs in the U.S. has slipped below 50% in Q2 of this year as sales of battery-powered cars surged to a record, Jack Ewing of The New York Times reports, citing new estimates published by a research firm. Tesla accounted for 49.7% of EV sales from April to June of this year, which is down from 59.3% a year earlier, the Times said, citing research firm Cox Automotive. The firm also said Tesla has lost ground to General Motors (GM), Ford Motor (F), Hyundai (HYMTF), and Kia.