Elon Musk's great prophecy has come true | The full story
Elon Musk's Tesla is regaining its lead in the American electric vehicle market, after its market share plummeted to a low of 41% in 2025. It now accounts for more than half of the market again, mainly due to traditional automakers retreating from the sector. The Model Y is the backbone of the recovery, with sales down only 2%.
Elon Musk's Tesla is regaining its lead in the American electric vehicle market, after its market share plummeted to a low of 41% in 2025. It now accounts for more than half of the market again. The recovery is not due to new model launches, but to a lack of alternatives: traditional automakers like Hyundai, Ford, and General Motors have retreated from the sector in an attempt to stem losses. The Model Y is the backbone of the recovery, with sales down only 2% this year. One in three electric vehicles sold in the US is a Model Y. In contrast, Model 3 sales have plunged 34%, and the Cybertruck sold fewer than 10,000 units. Tesla has canceled production of its luxury Model S and X models and is focusing efforts on autonomous vehicles and robots. The main selling point will remain autonomous driving software. Analysts estimate that without regulatory changes, Tesla will continue to dominate the US electric market in the coming years.