The market for electric vehicles (EVs) is maturing. With 1.1 million plug-in EVs sold globally in 2017, it's no longer a niche business. This is a 54% increase over 2016.
Tesla is one of the world's largest EV firms. The automaker's stock has lately surged, rising about 40% in the fourth quarter of 2021. Tesla's stock price has climbed so dramatically that it has eclipsed Volkswagen as the world's second-most valuable automobile business.
After selling 936,200 electric vehicles in 2021, Tesla was named the world's best-selling electric carmaker. Based on sales volume, Tesla has a little under 14% market share. BYD and Volkswagen Group were among the runners-up.


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