Tesla has a unique combination of long-term, sustainable, competitive advantages that help the company prosper in the future. First, the company has strong leadership with Elon Musk as the inspirer and strategic planner of the company’s development. Besides Musk, the company is associated with many talents who ensure that the company uses the latest innovations in all spheres. Second, the company can be considered one of the top cult companies that have many devoted customers around the globe.
Tesla does not even have to spend money on advertising. Third, Tesla has a unique vision and mission in comparison with its competitors. Finally, the company has a far-reaching strategic plan developed by talented leaders, and Tesla has the best employees who have already started implementing it. In summary, the company is an ideological leader in the electric automobile industry.