Part 7/12:
Elon Musk’s Impact on the Automotive Industry
The narrative also touches on the strategic battles within the EV sector, particularly between Tesla and legacy automakers. Public comments and body language from General Motors’ CEO, Mary Barra, reveal uncertainty about catching Tesla's dominant market share. Despite GM’s ambitious EV plans and product pipelines, data shows Tesla’s U.S. market share remains around 63% in 2025, with GM trailing at about 9-10%. This discrepancy indicates that promises of rapid catch-up may be more aspirational than practical.