Tesla held a majority of U.S. EV market share in 2024, at 48%. But that share has declined in recent years, as brands including Ford (7.5%), Chevrolet (5.2%) and Hyundai (4.7%) began to offer a wider variety of electric models at better price points, according to Kelley Blue Book.

Buckle up, because the markets are crashing, the economists are screaming, and the elephant seals are very confused.

US President Donald Trump’s global trade war is tipping the balance at the Bank of England toward more interest-rate cuts, investors and economists say.