Question

What is Tesla's position within the local market environment? Include numbers and types of competitors.

Answer 1

TESLA a startup of the present billionaire Elon Mask can surely be listed as one of the best car manufacturing companies in the world. However even such companies having reached the pinacle of success are under stiff competition from various competitors.

Let us logically analyse all the possible competitors in Teslas manufacturing segment. Well any of the premium segment cars that you see out on the road falls in the Tesla competition segment. Let us list them one by one

Porsche - Surely if you happen to be a car fan then you must be fascinated about any of the top class Porsche models. It is surely a big competitor and challenger of tesla.

BMW - Some of the best high class individuals prefer to own one of the captioned models of the car company and posses challenge before Tesla.

Mercedes - The C, CLA, CS & E- class segment of Mercedes are really some of the sought after models when it comes to the brand in concern.

Audi - It is known for having great design and is very preferred as in comparative scale to other companies AUDI provides great features in lower cost

Jaguar - This is surely for those who wants extravagence in their lifestyle and riding the car provides a very delightful experience

Volvo - This can also be included in the list of competitors as they provide a cream segment of high class cars which are very popular and really sought after

Well one thing is for certain that the list of competitors are large in number and for certain Tesla also faces indirect competition from a host of other cars. But we must not forget that Tesla has a lot of competitive advantage and innovation is the key to their success. Thus there is nothing to worry about the captioned competitors and their products for Tesla and it will continue to be market leader in the segment for years to come.