It has declined from before. Survey shows that more than half of Tesla owners switched to fuel vehicles this year

News on August 5, according to the latest research from market research organization Edmunds, there will be a clear trend of change among U.S. Tesla owners in 2024. The report shows that more than half of Tesla owners have chosen to abandon electric vehicles and switch to fuel vehicles, while only 32% of owners still insist on using pure electric vehicles.

Specifically, this shift presents a diverse range of choices:

1. 51% of Tesla owners switched to traditional fuel vehicles
2. 10% chose hybrid models
3. 6% preferred plug-in hybrids Powered models

This trend coincides with the recent survey results of McKinsey, a world-renowned management consulting firm. A McKinsey survey shows that nearly half (46%) of U.S. electric car owners say they may consider returning to a fuel vehicle when buying a car next time.

Although this data may not initially seem optimistic for Tesla and the electric vehicle market as a whole, in fact, the situation has improved compared to past data. It is understood that historical data from Edmunds shows that In 2020, up to 76% of Tesla owners chose to give up electric vehicles and instead buy fuel vehicles, while only 9% of owners chose other brands of electric vehicles at that time car. That share has been steadily declining since then.

Analyst Opinion

1. The use of electric vehicles in the United States is becoming more convenient, with continuous improvement of charging infrastructure and technological advancement.
2. Electric vehicles need to be improved in many aspects to attract a wider range of consumers.

Electric cars from other traditional car manufacturers

1. More and more consumers are choosing electric cars from other traditional car manufacturers to replace Tesla.
2. This phenomenon is the result of Tesla’s transformation from an electric vehicle pioneer to facing mainstream market competitors.

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