Elon Musk’s influence and leadership in the electric vehicle (EV) industry are undeniable. From Ford to General Motors, Toyota to Volkswagen, industry giants have all deferred to Musk and his company, Tesla, recognizing his transformative impact on the automotive landscape.
While these companies may publicly express their ambition to surpass Tesla, the reality is that their CEOs and executives seek recognition from Musk himself. They may reject such characterizations, fearing negative investor perceptions and the potential loss of their positions. Instead, they emphasize their admiration and respect for Musk, acknowledging his role in revolutionizing the industry.
Tesla’s innovative approach extends beyond vehicle design. Through over-the-air software updates, Tesla constantly delivers new features and functionality to its vehicles, ensuring they stay up-to-date and minimizing the need for recalls. These updates also generate a steady stream of revenue through subscription services.
