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Tesla Chief Executive Officer Elon Musk gets successful a Tesla car arsenic helium leaves a edifice successful Beijing, China May 31, 2023.
Tingshu Wang | Reuters
Tesla's stock of the U.S. electrical vehicles marketplace volition driblet to 18% by 2026, Bank of America analysts estimated successful a enactment connected Tuesday.
That would beryllium a important driblet from the 62% stock of the marketplace BofA reported Tesla had successful 2022, and adjacent further down from its highest of 78% marketplace stock successful 2018.
That displacement is expected arsenic incumbent automakers similar Ford and General Motors are expected to turn their stock of the U.S. EV market, according to BofA. Ford and GM, which held 8% and 5% marketplace stock respectively successful 2022, are expected to turn to 14% of the marketplace each by 2026, the analysts estimated.
Overall successful that period, the breakdown of U.S. EV marketplace stock betwixt incumbents and newer entrants, specified arsenic Tesla, would displacement from a 35%/65% divided to a 70%/30% split, respectively.
Tesla did not instantly respond to a petition for comment.
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