diff --git a/src/crewai/telemetry/telemetry.py b/src/crewai/telemetry/telemetry.py
index 984a4938d..490297b0c 100644
--- a/src/crewai/telemetry/telemetry.py
+++ b/src/crewai/telemetry/telemetry.py
@@ -43,38 +43,49 @@ class Telemetry:
     Users can opt-in to sharing more complete data using the `share_crew`
     attribute in the Crew class.
     """
+    _instance = None
+    _initialized = False
+
+    def __new__(cls):
+        if cls._instance is None:
+            cls._instance = super().__new__(cls)
+        return cls._instance
 
     def __init__(self):
-        self.ready = False
-        self.trace_set = False
-
-        if os.getenv("OTEL_SDK_DISABLED", "false").lower() == "true":
-            return
-
-        try:
-            telemetry_endpoint = "https://telemetry.crewai.com:4319"
-            self.resource = Resource(
-                attributes={SERVICE_NAME: "crewAI-telemetry"},
-            )
-            with suppress_warnings():
-                self.provider = TracerProvider(resource=self.resource)
-
-            processor = BatchSpanProcessor(
-                OTLPSpanExporter(
-                    endpoint=f"{telemetry_endpoint}/v1/traces",
-                    timeout=30,
-                )
-            )
-
-            self.provider.add_span_processor(processor)
-            self.ready = True
-        except Exception as e:
-            if isinstance(
-                e,
-                (SystemExit, KeyboardInterrupt, GeneratorExit, asyncio.CancelledError),
-            ):
-                raise  # Re-raise the exception to not interfere with system signals
+        if not self._initialized:
             self.ready = False
+            self.trace_set = False
+
+            if os.getenv("OTEL_SDK_DISABLED", "false").lower() == "true":
+                self._initialized = True
+                return
+
+            try:
+                telemetry_endpoint = "https://telemetry.crewai.com:4319"
+                self.resource = Resource(
+                    attributes={SERVICE_NAME: "crewAI-telemetry"},
+                )
+                with suppress_warnings():
+                    self.provider = TracerProvider(resource=self.resource)
+
+                processor = BatchSpanProcessor(
+                    OTLPSpanExporter(
+                        endpoint=f"{telemetry_endpoint}/v1/traces",
+                        timeout=30,
+                    )
+                )
+
+                self.provider.add_span_processor(processor)
+                self.ready = True
+            except Exception as e:
+                if isinstance(
+                    e,
+                    (SystemExit, KeyboardInterrupt, GeneratorExit, asyncio.CancelledError),
+                ):
+                    raise  # Re-raise the exception to not interfere with system signals
+                self.ready = False
+            
+            self._initialized = True
 
     def set_tracer(self):
         if self.ready and not self.trace_set:
diff --git a/tests/telemetry/test_telemetry_singleton.py b/tests/telemetry/test_telemetry_singleton.py
new file mode 100644
index 000000000..4b0a8b809
--- /dev/null
+++ b/tests/telemetry/test_telemetry_singleton.py
@@ -0,0 +1,41 @@
+import threading
+import pytest
+from crewai.telemetry import Telemetry
+
+
+def test_telemetry_singleton():
+    """Test that Telemetry is a singleton and only one instance is created."""
+    # Create multiple instances of Telemetry
+    telemetry1 = Telemetry()
+    telemetry2 = Telemetry()
+    
+    # Verify that they are the same instance
+    assert telemetry1 is telemetry2
+    
+    # Verify that the BatchSpanProcessor is initialized only once
+    # by checking that the provider is the same
+    assert telemetry1.provider is telemetry2.provider
+
+
+def test_telemetry_thread_safety():
+    """Test that Telemetry singleton is thread-safe."""
+    # List to store Telemetry instances created in threads
+    instances = []
+    
+    def create_telemetry():
+        instances.append(Telemetry())
+    
+    # Create multiple threads that create Telemetry instances
+    threads = []
+    for _ in range(10):
+        thread = threading.Thread(target=create_telemetry)
+        threads.append(thread)
+        thread.start()
+    
+    # Wait for all threads to complete
+    for thread in threads:
+        thread.join()
+    
+    # Verify that all instances are the same
+    for instance in instances[1:]:
+        assert instance is instances[0]