US EV Sales Nosedive 41% in January; Tesla Market Share Rises to 53.7% Amid Industry Contraction

EV registrations in the US dropped 41% in January 2026 compared to January 2025, driven by loss of federal incentives and declining consumer interest. Despite industry contraction, Tesla's market share rose to 53.7%. Tesla's China-made EV sales rose 35% year-over-year in January-February. Cybercab mass production is expected to begin in April, with the next-gen Roadster unveiling tentatively set for April 1.