New Delhi, Sept. 10 -- Elon Musk's electric vehicle maker, Tesla, has given a bombastic 60% return to investors, but the road to a sustained rally remains questionable in light of falling market share and shifting focus from the company's money-making business.

According to a Reuters report, Tesla, which once held more than 80% of the US EV market, accounted for 38% of the total EV sales in August, the first time it has fallen below the 40% mark since October 2017.

This can largely be attributed to Tesla's focus turning to building robotaxis and humanoid robots. While other EV makers are launching new models, Tesla is delaying and cancelling plans for cheaper electric vehicle models.

Its last new model was the Cybertruck pickup that ro...