- Tesla is the world's largest electric vehicle automaker by market share. However, that may be set to change soon.
- Automakers worldwide are ramping up their electrification plans. Tesla's market share will likely be reduced moving forward.
- China will be Tesla's most important and competitive market. Not just for its size but also the strength of China's top electric vehicle automakers.
- Tesla must depend on its loyal fan base to justify its valuations for now.
For further details see:
Tesla Stock Forecast: Is Their EV Leadership Fading As Competition Intensifies?