Author: Jeanne Whalen

Tesla still owns the lion’s share of the U.S. market, but it's falling thanks to a surge of competition. Ford, Kia, Chevy, Hyundai and Mercedes all have EV models challenging Tesla in the luxury market. And there are signs that Musk could be accelerating Tesla’s fall.

China is already a major manufacturer of electric vehicles for its own market. Now it's starting to export to the U.S. and Europe.