Tesla’s EV market share may be plunge to 11% by 2025

Elon Musk’s company Tesla still growing as EV sales continue.

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But Tesla's Sharemarket will fall about 11% in 2025 from today over 70%.

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The Tesla company won’t be able to keep up with the pace of new models coming from Ford Motor Co., General Motors Co. and foreign automakers.

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Tesla is lose its position as the dominate EV maker in the USA to Ford or GM by 2025.

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Murphy said, “Elon has had a vacuum for the last 10 years in which to operate, where there hasn’t been much competition,”.

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“That vacuum is now being filled in a massive way in the next four years by very good product, not by econobox, toaster-box EVs, but real good product.”

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US sales of EVs could grow more than 3.2 million by 2025.

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GM plans for 17 new EV models launch in the US market from 2023 to 2026.

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Tesla also will be expanding in China and Europe.

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