Tesla’s Strengths Let’s start with the strengths of Tesla Inc. that will include the positive aspects of the company, which have reinforced the position of Tesla to become one of the most dominant companies in the world.
The following factors which are believed to be Tesla’s stronger points have ensured the company’s profitability, expansion, and popularity, especially in the long term.
1. A Top Employer Company Any organization is as good as it employs. In the case of Tesla Inc., it is one of the key factors for the company’s remarkable success. Wall Street Journal reports that Tesla has emerged as an ideal company for employees due to its diversity and innovation-encouraging culture It has recently been listed as one of the ideal places to work, attracting young jobseekers with fresh talents and energy. The company has also been featured in Forbes’ ‘America’s Best Employer 2021’.
2. Most Valuable Automotive Company Despite its issues, Tesla’s sales revenue was $53.8 Billion with 936,172 cars delivered to customers in fiscal year 2021. The increase in the number of deliveries and its profitability of $5.6 Billion pushed the company’s market capitalization to over $1 Trillion and surpassed the market cap of top 5 automaker (Toyota, Volkswagen, Daimler, Ford and General Motor) combined.
Tesla has now become the world’s most valuable automaker by market value. [1]
3. Best in-class Electric Cars Tesla has left behind every other brand in the race of the finest electric cars. When compared by their range, Tesla’s electric cars have proven to be the best covering maximum distances. The recent comparison shows that Tesla occupies the top three places in terms of range. The Tesla Model S will get you the furthest – traveling up to 600 kilometers on a single battery charge. The nearest another brand has got is the Opel Ampera, with a range of 520 kilometers.
Image Source: Statista
