Part 11/13:
Tesla’s dominance in markets like Germany underscores their stronghold. The Model Y has become the best-selling electric vehicle, ousting traditional brands like Mercedes in some regions. The competitive advantage is partly due to Tesla’s superior charging infrastructure, advanced technology, and effective product updates.
Meanwhile, traditional automakers are attempting to catch up, but Tesla’s current lead, especially in the affordable premium segment, remains significant. Tesla’s aggressive pricing, combined with incentives, and growing infrastructure make their vehicles highly attractive despite some product shortcomings.