Manufacturing — Advantage
Tesla's Biggest Advantage in the Auto Industry
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Tesla's Biggest Advantage in the Auto Industry Building a new car company is hard, but it has a lot of advantages that Tesla is leaning into. One of the advantages of being a new, disruptive company is that you can change the business model that legacy companies are stuck in. Marketing, distribution, and even production can be rethought in a way that makes sense in 2020, instead of being built for 1950. Tesla's (NASDAQ:TSLA) biggest advantage over competing automakers today is how it has updated the auto business model. Bloated dealerships are out of the picture, marketing budgets can be slashed, and...