Tesla singlehandedly jumpstarted the EV revolution, but despite this achievement, people still expect legacy carmakers to take over and wipe it out of the market. Evidence suggests this is no longer possible simply because Tesla has become like everyone else, too big to fail. Here's what makes Tesla such a great company.
Few believe today that Tesla can fail after scaling production past many other legacy carmakers. But back in the day, it was unthinkable for a new carmaker to emerge from the void and become successful. To achieve this while exclusively producing electric vehicles was a wild fantasy. That's why many expected it to fail, even when Tesla EVs were sold and appreciated throughout the world. Here's why this is not the case and what puts Tesla in a better position than many other carmakers.
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