→ The challenge was to build zero-emission EVs that were attractive and affordable for the customers
Tesla’s guiding policy
- Build a sports car
- Use that money to build an affordable car
- Use that money to build an even more affordable car
- Pursue markets where the government provided support to EVs
- Provide zero-emission electric power generation options
- Vertical Integration of manufacturing to develop expertise and innovation
- Investment in giga-factories to build batteries and drive down costs
- Don’t tell anyone