As electric vehicles have gone mainstream, buyers are facing a smorgasbord of options, and Tesla—once untouchable—is no longer the dominant force. Last year was a tough one for Elon Musk’s auto brand: Sales efforts faltered, and the company lost its title of world’s largest EV maker to China’s BYD.
Today, it feels like all automakers—including luxury brands—are racing to release their own EVs. But at the same time, some companies are scaling back production plans. So where is the market…

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