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Tesla Gigafactory built in under a
year
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Daimler needed almost 3 years for new plant, BMW
even longer
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Tesla does completely without paid
advertising
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Self promotion: Elon Musk 38.6 million more Twitter
followers than Daimler
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Tesla shares in annual review with price gains of
up to 869% while competitors suffer losses
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/
Please link this article if published
About Block-Builders
Block-Builders.de is a news and information platform
that publishes forecasts, investment news and background
reports.
