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Tesla’s share of US EV market has shrunk despite price cuts

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Amid a growing U.S. EV market, both the average price of a Tesla and the automaker’s market share decreased substantially in the third quarter of 2023, new data from Kelley Blue Book shows. EV transaction prices were down overall in Q3. In September, the average price paid for an EV was $50,683, down from $52,212 in August and down from more than…

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