Tesla accounts for well over half of all EVs sold in the U.S. in July, but it's not enough.
Based on automakers' sales reports and our estimates, we report a total of 26,395 plug-in electric vehicles were sold in the U.S. in July, compared to last year's 29,598 and last month's 37,818. We hoped the time would never come that we would have to report a year-over-year U.S. EV sales decrease, but it has arrived.
As usual, Tesla has accounted for much of the overall U.S. EV sales numbers for several months now. Meanwhile, some other EVs are seeing sales growth, while others are lackluster. In the first quarter of 2019, Tesla focused its efforts on global deliveries, though the second quarter proved otherwise. Now, despite people's expectations, Tesla produced and delivered an impressive number of vehicles to begin Q3. . . .
With all of that being said, we're sad to report that July 2019 goes into the history books, and not in a positive way. It's the first month since mid-2015 that U.S. EV sales have seen a year-over-year drop. Apparently, any month that Tesla doesn't see a massive increase, there is the potential for an overall drop since other automakers are just not showing significant EV sales improvements. . . .
