Tesla Motors in 2024--Turbulence Ahead?

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Over its 20 years in existence, Tesla had become nearly synonymous with electric vehicles, and the company assumed an enviable market position. By 2023, however, Tesla faced intense competition. Traditional carmakers and EV upstarts were expected to introduce close to 50 new EV models in 2023 alone. Tesla had to decide how to re-position itself in this drastically altered business landscape.
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