Awais

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

1.

Location
Industry: Automotive and solar energy.
Tesla is the world's largest electric vehicle manufacturer, which also
produces solar panels and batteries. At the end of 2020, Tesla and 27
other US companies formed the Zero Emission Transport Association
(ZETA), which will promote the transition of all US vehicles to electric
traction. The company currently has several electric vehicle models,
including a sedan, crossover, roadster, and even a large truck for
cargo.

Tesla was founded in 2003 by Martin Eberhard and Mark Tarpenning,


and Elon Musk became the main investor of the company and the
chairman of the board of directors only in 2004. Although Musk was
not the founder of the startup, he was the one to help the company
achieve such heights and worldwide fame.

Tesla is headquartered in Palo Alto, California, USA,

What is Tesla's competitive advantage?


Tesla has huge competitive advantages over other automakers in the
US. ... Tesla's battery supply chain is a big part of Tesla's business advantage, as its
batteries are generally considered to be better than the competition's
tesla inc competitors

Major Benchmarks

TSLATesla $635.2B 1,068.4

TMToyota -- 12.9

GMGM -- 13.9

NIONIO Inc -- NM
Who Are Tesla's (TSLA) Main Suppliers?
 AGC Automotive: windshields.
 Brembo: brakes.
 Fisher Dynamics: power seats.
 Inteva Products: instrument panel.
 Modine Manufacturing Co.: battery chiller.
List of Tesla factories
https://en.wikipedia.org/wiki/List_of_Tesla_fac
tories
2.First Mover advantage
Tesla has 'significant first-mover advantage' in the electric vehicle space - but 3 smaller
names are also poised to succeed as EV sales climb in 2021, CFRA says. The Fisker Ocean.
CFRA says Tesla has a "first mover advantage" over many new entrants in the EV market.

3. Govt Policities

The Chinese government adopted in 2009 a plan to become one of the world leaders in producing
EVs. The plan has four goals: create a world-leading industry; energy security; reduce urban air
pollution; and to reduce carbon emissions.[253][254] In June 2012 the State Council published a plan to
develop the domestic industry. The plan set a sales target of 500,000 new EVs by 2015 and 5 million
by 2020.[255][256] Initial sales were much lower than expected, while most output was purchased for
public fleets. New incentives were issued in 2014, with a sales target of 160,000 units for 2014.[257]
[258]
 This goal was also not achieved.
The Chinese government uses the term new energy vehicles (NEVs) to designate plug-ins and
electrics. Only EVs are eligible for purchase incentives.[259] The Chinese government has put forward
the strategy of "Energy Saving and Electric Vehicles". The policy measures of this strategy mainly
focused on carrying out pilots to subsidize EV buyers, promoting charging facilities construction and
accelerating EVs commercialization.[260] On 1 June 2010, the government announced a trial program
to provide financial incentives in five cities.[261][262] A 2013 joint announcement by the National
Development and Reform Commission and finance, science, and industry ministries offered a
maximum of US$9,800 toward the purchase of a BEV passenger vehicle and up to US$81,600 for
electric buses.[263] In April 2016 the Traffic Management Bureau under the Ministry of Public
Security announced special green license plates to facilitate preferential traffic policies.[264] In 2019,
the Chinese government raised the NEV target to 25% of total sales by 2025.[265]

https://en.wikipedia.org/wiki/Electric_car_use_by_country

You might also like