Elon Musk says the world is nearing “almost all” cars going electric, citing a global sales milestone for gasoline-only vehicles

Tesla CEO Elon Musk said he expects nearly all future vehicles to run on electricity, tying the outlook to a reported global change in how new cars are selling.

Musk made the comments after noting that gasoline-only vehicles have dropped below 50% of global new vehicle sales for the first time. In his view, the milestone indicates that electric vehicles are no longer an emerging niche but are increasingly becoming the default choice for consumers and fleet buyers.

The remark comes amid intensifying global competition among automakers to expand electric vehicle lineups and charging availability, while internal-combustion models face cost and policy pressure in many markets. Musk’s framing also aligns with Tesla’s long-term strategy of betting that battery-electric adoption will accelerate as prices, infrastructure, and product variety improve.

For investors, the statement is less about a near-term earnings forecast than about demand direction. Tesla’s core business depends on consumer and commercial acceptance of battery-electric vehicles, and Musk’s comments aim to reinforce confidence that industry-wide adoption will continue to rise.

While Musk emphasized the gasoline-sales threshold, the post did not provide additional detail on the specific study, country weighting, or time window behind the “below half” figure. It also did not quantify how quickly electric sales are growing, or how much of the remaining market share is split between hybrids and plug-in models.

Tesla, for its part, has repeatedly positioned electrification as a structural shift, arguing that operating costs and efficiency advantages will matter increasingly over time. The CEO’s latest comments place more weight on industry-wide adoption momentum rather than any single product launch.

Still, the disclosure remains broad. The cited report does not lay out any new Tesla-specific data, such as updated delivery targets, pricing changes, battery cost trends, or policy impacts, leaving readers to infer how the company’s narrative connects to its financial outlook.

Investors and analysts are likely to watch whether the “below half” milestone continues to hold up in subsequent industry reports, and whether Tesla can sustain demand as competition increases and as pricing moves through the market. Additional clarity on which metrics drove the gasoline share claim would also help confirm the direction and durability of the trend.