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On the photo Elon Musk and the Tesla
Roadster |
The price of Tesla shares has risen
by 869% within a year, while the
competition has reported losses. A
new infographic from
Block-Builders.de shows how
exceptional entrepreneur Elon Musk
differs fundamentally from his
competitors in many respects.
The US carmaker is rapidly
constructing production facilities.
The Shanghai gigafactory was built
in just under a year, while
Daimler’s Factory 36 in Shanghai
took around 30 months. BMW’s factory
in Leipzig was similarly built in 36
months. Tesla acts as a very active
developer who is prepared to take
responsibility and, if necessary,
initiate dismantling measures at its
own expense.
Tesla is also an outlier in terms of
advertising expenditure. While
marketing budgets across the
automotive industry have recently
risen sharply, Tesla does not pay
for any advertising at all, as the
infographic shows. The Californians
instead rely on free advertising via
communication through Twitter. Elon
Musk has 38.7 million followers, and
Tesla itself has another 6.2 million.
In contrast BMW has 2.1 million
Twitter followers, placing the
Munich-based company ahead of
Volkswagen and Daimler, who have
135,000 and 67,000 respectively.
"It remains to be seen whether such
a high valuation on the stock market
is justified," says Block-Builders
analyst Raphael Lulay. "There is
however no doubt that Elon Musk
manages the company in a radically
different way than most of the
competition. His success so far
seems to prove him right”.
The full story with the
infographic, facts and more
statistics:
https://block-builders.net/why-tesla-builds-factories-three-times-faster-than-its-competitors-and-what-sets-elon-musk-apart-from-other-corporate-leaders/
Photo (c) by Tesla
Germany GmbH, Munich
Release: Raphael Lulay, Block-Builders,
Berlin