Land of the Giants

Tesla vs. The Competition

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Aug 9, 2023
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ANECDOTE

Cybertruck Hype and Delay

  • Tesla's Cybertruck announcement generated immense hype, with nearly 2 million pre-orders.
  • However, four years later, production has just begun, and the market is now crowded.
INSIGHT

Charging Anxiety vs. Gas Convenience

  • Charging anxiety is a major barrier for EV adoption, unlike readily available gas stations.
  • Tesla's Supercharger network offers an advantage, but its exclusivity limits broader EV adoption.
INSIGHT

Tesla's Charging Network Opens Up

  • Other car companies gaining access to Tesla's charging network is good for customers.
  • However, it could diminish Tesla's competitive advantage and generate revenue for Tesla.
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