Here is your Forbes Daily Briefing for Tuesday, January 28th.

Today on Forbes, how GM topped Tesla to become one of the fastest growing U.S. EV makers.

Tesla CEO Elon Musk kickstarted the market for electric cars when he first began selling the Roadster in 2008.

But 17 years later, his dominance is slipping.

Tesla's sales are in decline for the first time, and the Mercurial billionaire's short attention

span, fragmented between five different companies, a key role in the new Trump administration,

and a monomaniacal

obsession with owning the libs, he's off his game.

And rivals are taking notice.

Top among them is General Motors.

The Detroit-based carmaker, which notoriously killed off its first commercial electric car,

the EV-1 in 2002, a move that inspired Tesla's creation in 2003,

is positioning itself for major growth in the space.

In 2024, GM's EV sales surged 50% to 114,432, its highest ever, aided by the new Equinox EV, a Tesla Model Y fighter.

That made it one of the fastest growing players in the electric space.

Meanwhile, Tesla, long past its scrappy startup years, Reins is the dominant electric nameplate,

selling 633,762 EVs to U.S. buyers, five times GM's volume.

But that's down 5.6% from 2023, even with the addition of its polarizing cyber truck.

Add in CEO Elon Musk's controversial behavior, and the brand faces further challenges this year,

especially in EV Crazy California, the country's top market.

GM isn't just going after Tesla's market share. It's targeting the company's beating heart,

batteries, and it's getting help from a Tesla veteran with serious battery chops to make sure

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