May 3, 2022

Chart of the Week: Are electric vehicles the new smartphone?

by Fathom Consulting.

Revenues at Tesla are expected to reach $87bn this year, up from $12bn in 2017 – a steep rise that mirrors Apple’s equally steep rise in revenue 11 years ago following the release of the iPhone. We can be confident that electric vehicle (EV) adoption will continue to increase rapidly in the coming years, given both economic and regulatory tailwinds, although whether Tesla will be able to retain its dominant position remains to be seen. The EV sector is an example of how the green transition will not only change the way we live, but also result in big financial winners.

Refresh this chart in your browser | Edit the chart in Datastream

Join a growing community of asset managers and stay up to date with the latest research from Refinitiv and partners to help you inform your investment decisions. Follow our Asset Management LinkedIn showcase page.


Refinitiv Datastream

Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.

Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.

Get In Touch


We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.×