Well, the name says it all!!
The pioneering automaker in the electric vehicles segment. Tesla was established in 2003. It is an American-based company. The focus is the production of electric vehicles for generating clean energy and storage products.
Tesla is also the holder of the first production of the first sedan with electric technology.
The top competitors of Tesla Inc are: –
Nissan- In April 2018, holds the target of global sales of more than 320,000 EVs in more than 191 countries. The next target of the Japanese manufacturer Nissan is the launch of Autonomous Vehicles.
Toyota Motor Corporation– All new battery electric vehicles, under the Toyota bz series as well as the concept version of the Toyota bZ4X are fully lined up to be launched by 2025.
Ford Motors company– A strong competitor for its initiatives in electrified cars, trucks, and SUVs. The launch of the Mustang Mach E-model got the ranking of number 2 among the electric sport utility vehicles in the US. The model has been termed as the “Electric Vehicle of the Year” by Car and Driver Magazine.
As per the survey by CoxAutomotive, Ford F-150 is desired moreover Cybertruck due to its price, driving performance, design, and size. A tough area for Tesla.
BMW- BMW i, a sub-brand from BMW, is responsible for the manufacturing of hybrid and electric vehicles. In 2016, around 5000 units of BMW i cars got sold out. The sales of the BMW i3 model were the 3rd bestselling electric car in the world.
Audi- The e-Tron model equipped with the latest innovative technologies is the topmost competitor for Tesla electric vehicle segment.
The indirect competitors are: –
Uber – The concept of self-driving cars is something Uber is expanding to become a complete solution on the online fleet platforms.
Google- Waymo from Google has been termed as the self-driving technology company in-car driving projects. They are also in partnership with tech giants such as Toyota, Ford, General Motors, Volkswagen, and Daimler for self-driving vehicle concepts.
The delivery of Tesla’s vehicles from 2019 till Q2 2020 is: –
The financial revenue of Tesla from 2015 to 2019 are: –
Source:- Statista (Electric vehicles)