Tsla's Strategy
As competition for electric vehicles becomes more intense, traditional fuel vehicle brands have also joined this market competition around trillion dollars in market value. In this environment, the one-sided pursuit of profit eventually led to an irreversible decline in market share. However, for Tesla, the brand with the largest share of the electric vehicle market, the decline in market share is fatal. If we compare other brands, we will find that the profits and market share of other brands of electric vehicles have been squeezed by Tesla. Some have even lost money and market share has declined. Although Tesla's profit margin has declined, it is still developing in a healthy state. In the end, Tesla is still king in the electric vehicle market.
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