Tesla’s real innovation isn’t the electric car

It’s hard to overstate the economic impact of automobile manufacturing. Autos are both the biggest manufacturing sector and the biggest retail sector. And these sectors spread revenues to a huge number of other parties: suppliers, auto dealers, gas stations, media. A whole host of business models rest on the traditional avenues of car manufacturing, sales, and ownership. Which is why Tesla’s rise and continued success—last week it staged a coup by garnering more than 325,000…

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Tesla’s real innovation isn’t the electric car

It’s hard to overstate the economic impact of automobile manufacturing. Autos are both the biggest manufacturing sector and the biggest retail sector. And these sectors spread revenues to a huge number of other parties: suppliers, auto dealers, gas stations, media. A whole host of business models rest on the traditional avenues of car manufacturing, sales, and ownership. Which is why Tesla’s rise and continued success—last week it staged a coup by garnering more than 325,000…

Solution News Source

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