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Monday, September 04, 2023 12:31:22 PM
Yet with all that experience they've manage to turn out one of the most-hated trucks ever made.
Competition is catching up fast and Tesla keeps losing market share.
Tesla is expected to lose significant electric vehicle market share to Ford, General Motors and Stellantis over the next four years, according to Bank Of America’s (BofA) recent Car Wars report.
The report estimates Tesla’s slice of the pie to fall from its peak of 78 percent in 2018 to about 18 percent by the end of 2026. Ford and GM’s share would grow to 14 percent each, while Stellantis is expected to account for 8 percent of total sales.
How are those "highest margin" numbers working out for shareholders?
Shares are still down significantly from a year ago, and Tesla's market share is down, too.
Dissatisfaction with the deranged CEO is growing as well.
The disapproval of Elon Musk is the top reason Tesla Model 3 owners are selling their electric vehicles and going for another brand, according to a new survey of 5,000 Model 3 owners.
Since Musk acquired Twitter, the Tesla CEO has started to voice his political and social views more frequently, as well as share controversial conspiracy theories.
This has resulted in a wave of people changing their minds about Musk, especially people on the left side of the American political spectrum. Many have suggested this has a negative impact on Tesla, which is intricately linked to Musk.
![](http://electrek.co/wp-content/uploads/sites/3/2023/07/Screenshot-2023-07-27-at-5.36.34-PM.jpg)
FWIW, I don't know anyone who could afford even an entry-level new Muskmobile.
![](http://i.postimg.cc/cCcw3Krn/Freaky-Friday-What-does-a-literal-Elon-Musk-Tesla-look-like-Car-Buyer-Singapore.png)
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