579 days ago • Posted by Martin Boujol

Tesla is losing ground to Mustang

Morgan Stanley is warning, in their new Autos and Shared Mobility research report for February, that the Mustang Mach-E is stealing a good portion of Tesla's EV market share. Tesla saw its share of the EV market go down from 81% to 61% between Feb 2020 and Feb 2021. Although 69% is a fair share of the market, new competitors will be an enduring threat. 

Source: Morgan Stanley Research

Tesla is losing ground to Mustang