Electric dreams, political nightmares: Tesla is losing the market because of Elon Musk
Tesla’s troubles are an outlier: the global EV market has continued to show steady growth, even as its most recognizable brand continues to gain pariah status. In 2024, 17 million electric vehicles were sold worldwide, meaning one in every five cars purchased around the globe was electric. By 2035, EVs are projected to make up 70% of global car sales. Today, there are around 600 EV models on the market , and by 2028, that number is expected to reach 1,000.