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Tesla Crushed the Competition in 2024, Outselling the Next Two EV Makers 3-to-1

  • Tesla cars: Credit: x.com/pablo9948967714

Tesla’s grip on the U.S. electric vehicle (EV) market is still ironclad.

In 2024, the company sold 633,762 EVs, more than triple the combined sales of its two closest competitors, General Motors (GM) and Ford.

Even with a slight dip in year-over-year sales, Tesla’s dominance is undeniable.

Here’s the breakdown:

  1. Tesla: 633,762 EVs sold
  2. GM: 112,897 EVs sold (including Chevy, Cadillac, and GMC models)
  3. Ford: 97,865 EVs sold
Tesla's Market Lead

That means Tesla outsold GM and Ford 3-to-1 combined. Other automakers like Hyundai, Kia, Rivian, and Honda trailed far behind.

Tesla’s Top Performers

The Model Y was Tesla’s star player, racking up 372,613 sales in 2024.

The Model 3 wasn’t far behind, with 189,903 units sold. Even the Cybertruck made a splash in its first full year, selling 38,965 units.

The U.S. EV Market

Tesla’s 2024 sales dipped 1.1% year-over-year. However, the U.S. EV market overall grew significantly.

However, Fourth-quarter EV sales surged 15.2% year-over-year, pushing the total number of EVs sold for the year to a record 1.3 million.

While Tesla’s numbers slipped, the broader market continued to expand.

Out of 68 models available, 24 saw sales increases, and 17 new models were introduced.

On the other hand, some models like the Chevy Bolt and Mazda MX-30 were discontinued, which led to declines in their sales.

Top 10 EV Sellers in the U.S. (2024)

Here’s a quick snapshot of the top 10 EV sellers last year:

RankAutomakerEVs Sold
1Tesla633,762
2GM112,897
3Ford97,865
4Hyundai61,727
5Kia56,099
6Rivian51,442
7Honda33,017
8Nissan31,024
9Mercedes-Benz28,154
10Audi23,152

Top 10 EV Models Sold in the U.S. (2024)

Here are the top 10 EV models that drove those sales:

RankModelEVs Sold
1Tesla Model Y372,613
2Tesla Model 3189,903
3Ford Mustang Mach-E51,745
4Hyundai Ioniq 544,400
5Tesla Cybertruck38,965
6Ford F-150 Lightning33,510
7Honda Prologue33,017
8Chevy Equinox28,874
9Cadillac Lyriq28,402
10Rivian R1S26,934
Electric Vehicle Sales Volume Change by Automaker 2024
Credit: Cox Automotive

Your Thoughts?

What do you think about Tesla’s 2024 performance? Let us know in the comments, we’d love to hear your thoughts!

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