Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021.

Rebecca Cook/REUTERS

• Tesla leads the US electric vehicle market with a 59% share, after the end of federal incentives.
• Ford, Rivian, and General Motors struggle with low EV market share and profitability issues.
• Several automakers scaled back or halted US EV plans due to high costs and low sales volume.