Despite Tesla's rising market share, the U.S. EV market saw a decline in April due to tariffs and growing consumer reluctance.

Tesla is seeing a rise in market share, with its trade-ins increasing from 0.4% to 1.4% over a year. However, the US electric vehicle market faced a 4.3% sales decline in April 2025, with Tesla also experiencing drops in sales for most of its models. A significant factor affecting the EV market is new US tariffs on imported cars and parts, which could increase costs and slow EV adoption. Additionally, 47% of Americans now say they would not buy an electric vehicle, citing concerns like high costs and limited charging infrastructure.