Tesla Inc. is set up well to gobble up market share, but Barclays analyst Dan Levy questions how a key strategic choice will play out.
Levy is intrigued by the issue of “model concentration” at Tesla TSLA, as the carmaker has a far more limited array of configurations compared with its industry rivals.Levy is intrigued by the issue of “model concentration” at Tesla TSLA , as the carmaker has a far more limited array of configurations compared with its industry rivals.
For illustration, Levy notes that Tesla has about 180 different trim configurations for its Model 3, while the BMW 3 Series has roughly 195,000, by his estimates.Granted, Tesla has had success with its strategy thus far, as its Model Y was the world’s best-selling car for the first quarter, according to one list.
But while Levy sees room for Tesla to rack up further gains in market share, he also deems that “the path to share gains is getting harder” as the company faces demand challenges and has had to cut prices this year.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mercedes-Benz's message for Tesla: 'We want to be most desirable electric vehicle luxury brand'Mercedes' goal is simple: Become the 'most desirable electric vehicle luxury brand,' says the president and CEO of Mercedes-Benz North America.
Read more »
Non-Tesla Supercharging Is Coming To Canada This YearThe Government of Canada has revealed that Tesla is going to open part of its Supercharging network to non-Tesla vehicles in 2023.
Read more »
Tesla Model Y One Year Later: What Does The Wife Think?This guy has had multiple Teslas, and he's a fan. However, it's time for his wife to take a turn at sharing her ownership experience with the world.
Read more »
The Second-Gen Tesla Roadster Isn't Coming Anytime Soon, Musk ConfirmsTesla CEO Elon Musk has announced that the second-generation Roadster has been delayed yet again, this time to late 2024.
Read more »
Tesla Model 3 Update Likely Coming Soon As Giga Shanghai Production StallsTesla Model 3 production has allegedly stopped at Gigafactory Shanghai according to Chinese blogger Wu Wa.
Read more »
A Deep Dive Into Tesla Depreciation - CleanTechnicaIn this article, I look at depreciation data for the Tesla Model 3, Toyota Camry Hybrid and the BMW 3 series
Read more »