Tesla (TSLA) has reportedly grown its deliveries by 25% in the US last year to now hold a 4.2% market share of the US auto market.
It wasn’t that long ago that many bigwigs in the auto industry didn’t see Tesla ever being more than a niche automaker.
But the company has made itself undeniable by holding a majority market share in the electric vehicle market in the US.
And as EV volumes have been growing, Tesla is now becoming a significant player in the broader auto market in its home country.
According to the latest estimates from Kelley Blue Book, the Texas-based automaker increased its deliveries in the US by 25% last year to over 650,000 vehicles.
With that increase, Tesla now holds a 4.2% market share of the auto market.
It might now sound like much at first, but the auto market is extremely fragmented with only a few capable of…