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Tesla might soon have a ‘near-monopolistic’ hold on the electric vehicle market (TSLA)
|06/13/2017||Posted by BusinessMediaguide.Com under General World News||
Tesla is already a leader in the electric vehicle market, but the extent of its advantages in manufacturing may be underestimated.
According to a team of Berenberg analysts led by Alexander Haissl, Tesla’s competitors have opted for a “low-risk, low-investment” strategy when it comes to electric vehicle manufacturing. That will leave Tesla in the driver’s seat with its all-in approach.
“With no clear pathway to high-volume EV [electric vehicle] production for these OEMs [original equipment manufacturers] before the mid-2020s,” write the analysts, “Tesla will be given a near-monopolistic opportunity to gain market share and outcompete the incumbent automotive industry.”
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