The big guns in the auto industry are coming for Tesla’s number one spot in electric vehicles, warns one long-time auto analyst.
And they could succeed in the not too distant future.
“We expect Tesla’s market share to drop from about 70% in EVs to about 20% in the next three years. They [Ford and General Motors] are gaining the bulk of the market share we expect Tesla to lose,” said Bank of America auto analyst John Murphy on Yahoo Finance Live.
Source link
