What is Tesla's relevant product market and relevant geographical product market?

Expert Solution

Tesla, i.e. Tesla Motors, Inc., develops, designs, sells and manufactures totally electric vehicles, energy storage systems, and operates, maintains and installs the energy and solar storage products. It operates through two main segments, i.e., energy generation and storage and Automotive as well. It usually sells higher model automobiles, also luxurious ones.

According to the geographical sales data, Tesla covers a market area of the worldwide economies and the stock market also. Tesla has a global market share. The US is the main target market of the company. The company has been unable to enter the Chinese and European market. Dutch customers of the company contribute around 1.6 billion US dollars to the revenue of the company every year.

Rahul Sunny answered 1 year ago

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