Looking at the numbers, we can see five areas that will be a challenge for Tesla to overcome as the company moves forward.
This heavy dependence on the world's largest automotive market can be positive in times of peace, but can become a curse in the event of a potential trade/political conflict between China and the US/Europe This is especially true if many Chinese customers continue to switch from foreign to local car brands.
The other threat is the rapid growth of Chinese car brands with their electric models. Electric vehicles are an essential part of China's economic development in the coming years and a way to expand its industry abroad. There are more than 170 local brands, many of which cater to segments similar to Tesla.is already 12 years old, followed by the Model X. Overall, the average age of Tesla's lineup is 8.1 years, and the range is quite narrow.
One of the main characteristics contributing to the company's success is flexibility. When a start-up matures to become a primetime company, there are usually more people involved in the various processes at all levels. This has direct consequences regarding time and costs.The auto industry is usually focused on what China, Japan, South Korea, the United States, and Europe do.
We're talking about over 17 million units that are somehow excluded from Tesla right now. If the brand really wants to go global, it needs to get there with dedicated products that adapt to the income of the population in those areas.
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