Tesla CEO Elon Musk has predicted that nearly all new vehicles sold worldwide will soon be electric, as gasoline-only cars now account for less than half of global sales. The shift reflects a rapid acceleration in consumer demand for electric vehicles amid tightening emissions regulations and advancements in battery technology. Automakers are increasingly pivoting toward electrification, though challenges like charging infrastructure and production costs remain. The transition could reshape the automotive industry within the next decade.
Elon Musk Sees ‘Almost All Cars’ Going Electric as Gasoline-Only Vehicles Fall Below Half of Global Sales Benzinga