Car

Tesla isn't facing a wave of competition because there isn't any competition in the electric-car market

4 monthes ago   |   By Business Insider

Hollis Johnson/Business Insider
Tesla critics and short-sellers have offered dire warnings about impending electric-car competition coming for the automaker.
But globally, EV sales amount to only about 1% of sales - there's no meaningful basis for competition at that level.
That doesn't mean that EVs are a bad bet - over time, the market for them should grow and at some distant future point, become very competitive, and Tesla could be a leader.
Electric cars have been a topic of frenzied discussion for almost a decade. The chatter has greatly intensified as Tesla has grown and at times...
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Tesla has faced a wave of executive departures this year. Here are the key names who have left

Tesla has faced a wave of executive departures this year. Here are the key names who have left

4 monthes ago   |   By Business Insider

Lucy Nicholson / Reuters
Tesla is known for its high rate of executive turnover, and this year has been no different.
As the company has faced production issues, concerns about its financial health, a reported investigation from the SEC, and questions about the decision-making of CEO Elon Musk , departures from senior employees have only added to the impression of instability.
This week alone has seen three senior employees leave the company.
Tesla is known for its high rate of executive turnover, and this year has been no different.
As the company has faced production issues , concerns...
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