Elon Musk’s company led overall sales of zero-emission cars lower in April, marking the first year-on-year drop in EV sales for 14 months, according to Automotive News.
Neither Tesla nor S&P Global Mobility responded to a request from Fortune made outside normal business hours.
Musk made EVs desirable in the U.S., first in 2012 with the Model S sedan that revolutionized the industry, and then eight years later landing a smash hit with the more affordable Model Y crossover.
Despite his success, the rest of the U.S. industry either could not—in the case of EV upstarts like Rivian—or would not follow. Even in its currently weakened state, Tesla still accounts for roughly four out of every 10 EVs sold in the United States, versus market shares of below 10% for its two closest rivals—Chevrolet and Ford.
With such a dominant position, even the slightest declines have a disproportionately large effect on the overall market.
