Musk and Tesla Make a Change Their Customers Won’t Like

ByThelma M. Gutowski

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Elon Musk and Tesla  (TSLA) – Get Tesla Inc Report dominate the automotive market. 

In less than 20 years, the EV manufacturer has become the benchmark in a sector formerly the domain of GM  (GM) – Get General Motors Company Report, Ford  (F) – Get Ford Motor Company Report, Volkswagen  (VWAGY) – Get Volkswagen AG Report, Mercedes-Benz  (DDAIF)  or even Fiat Chrysler, which became Stellantis  (STLA) – Get Stellantis N.V. Report after the merger with the French group Peugeot. 

But by initiating a transformation of modes of transport towards electrification Tesla and Musk have turned everything upside down, thus allowing them to redistribute the cards.