Tesla s place atop the EV market could be coming to an end

Get the Full StoryThere was a time when Tesla had a technological advantage over competitors. Not anymore.

Ask most people in the U.S. to name an electric vehicle company, and one word will immediately come to mind: Tesla. Elon Musk s EV firm has dominated discourse and dominates the market in many areas. It had a 62 share of the EV market in the United States in 2022. But times are tough, and Monday s announcement that Tesla will be laying off more than 10 of its staff, or 14,000 people, is an indication that dominance is slipping.

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