Tesla's Competitors in the Electric Vehicle (EV) Market

Tesla's Competitors in the Electric Vehicle (EV) Market

A range of EV startups are trying to touch the success of Tesla, Inc. But are these the main threats of Tesla?

Tesla is making a lot of headlines and continues to achieve a lot of success in the stock markets. It is probably going to join the S&P 500 next month and it's market cap today (Nov. 24, 2020) is over 500 Billion dollar, more than Toyota Motor Corp., Volkswagen AG, General Motors Co. and Ford Motor Co. combined. No wonder investors and car companies around the globe are pouring resources, money and manpower trying to catch up.

Recent articles by WSJ and CNN talk about Electric Vehicle start-ups like Nikola, Rivian, Fisker, Byton, Faraday Future, Lucid, and Lordstown as well as Chinese EV startups NIO, XPeng Inc, Li Auto and WM Motor. Some of these are already further than others as a company, in their venture funding and in product development. Not all of them are aiming for the passenger sedan market, despite Tesla's immense success with the Models S and 3. Some rather opt to manufacture trucks or various futuristic crossovers vehicles.

⇨ Do you think that these startups pose important strategic threats to Tesla?

		Alonso Estrada Director, Colombia
	Anyone can Make an EV The Electric Vehicles market is open and has a lot (...)

		Alkhaly Mohamed Tahey Conde Lecturer, Guinea
	Competition in the Market of Electric Vehicles In principle, other companies can make an electric (...)

		David Stehlik Professor, United States
	I Run a Tesla Case Study Session with Students Each Semester I don't. Essentially, Tesla is not a car company (...)

		Joshua Murombo Chigwangwa Project Manager, United Kingdom
	EV non Rechargeable Batteries Technology I don't think they pose a threat to Tesla due to t (...)

		Gandhi Heryanto Management Consultant, Indonesia
	Competitive Advantage to Overcome Threats Other EVs that rise after Tesla can certainly beco (...)

		E.Vahedi Director, Iran
	How Tesla can Use Competitors's Threats We know EV manufacturers and companies like Tesla' (...)

		David Stehlik Professor, United States
	Synergistic Cross-pollination On the main point, consider the deep integration i (...)

		Alonso Estrada Director, Colombia
	References @Joshua Murombo Chigwangwa: It would be interesti (...)

		Ronald J. Ryan Consultant
	Problem: Lithium Battery The lithium battery is NOT the battery of the futu (...)