Tesla's market share in the US EV market has recovered to 52%, even as overall industry sales dropped 30% through August. This recovery follows a period in mid-2025 when its stock plunged, wiping out over $500 billion in market capitalization. Major global manufacturers like GM, Ford, and South Korean and European rivals have abandoned their US EV ambitions and retooled factories, leaving Tesla with virtually no serious domestic competition. Additionally, Tesla's Full Self-Driving (Supervised) software is considered a leader in the industry, with a large base of $99-per-month subscribers.