The Rise of Tesla: How the Electric Car Company is Changing the Automotive Industry
As the world is seeking more sustainable transportation options, Tesla as a pioneer in the EV sector, has garnered significant attention. Its past performance, growth outlook, and disruptive potential puts it in a leading position to meet the increasing demand for electric vehicles in the future. Its impressive scaling of production in recent years, together with the margin expansion, attracted many investors and made it one of the world’s most interesting investments. However, many legacy automakers are changing towards EV production to be part of this future-oriented market. Competition is increasing and puts pressure on Tesla’s market share. Can Tesla withstand this increasing competitive pressure and continue its success story over the next years?