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Is Tesla the biggest electric car company?

I’m trying to determine which brand of electric car I want to buy and I’m curious if Tesla is the biggest electric car company in the world?

Brad Marley · Updated on Aug 30, 2023

Reviewed by Shannon Martin, Licensed Insurance Agent.

Very cool that you’re on the market for an electric car. And, oh yeah,

is definitely the biggest electric car company in the world—by a long shot! When it comes to the market share of EVs (Electric Vehicles), Tesla is the company to beat.

Exact percentages of the company’s market share varies. But check out these stats of their share of the pie broken down by model:

Tesla Model Y (32.9% EV market share)

Tesla Model 3 (22.6%)

Tesla Model X (5.2%)

Tesla’s Model S ranked eighth with 3.9% bringing their total to a whopping 64.6% of the electric car market share! While the historical giants like Ford and GMC still have a larger total market share, Tesla’s future is looking bright as more folks make the jump to EVs.

Is Tesla sitting where Ford was back in the 1910s when they first implemented the assembly line? They just might be!

If you end up going with the biggest brand in the biz, make sure you have the best

in the biz to go along with it! Let car insurance super app,

, get you quotes from over 50 insurance providers in a matter of seconds.

Jerry will even take care of the hassle of canceling your old insurance and getting the paperwork going for a new, better plan. Jerry customers save an average of $879 a year!

MORE:

Affordable electric cars that fit your budget

View full answer

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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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