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Let me start by knowing who is Tesla, it is a designer, manufacturer and distributer of electric-powered cars. It is a multinational company based in Palo Alto in California they specialize in solar production, electric cars and Lithium-ion battery energy storage. As we can see their possible competitors should be actively undertaking the production of the above items or any one of them. Tesla motors Inc is also dedicated in giving services to other companies in line with their goals and vision. Now I will shift my focus to the main area of the topic which include mentioning the competitors and discussing how they compete with Tesla Motor Inc.
Tesla Major competitor is Federal Signal Corporation which is based in Oak Brook in Illinois they specialize in designing and manufacturing electrical devices which compete with Tesla products for the market. Another is Ford Motor Company which is based in Dearborn located in Michigan it was founded by Henry Ford. Their produce Ford type of automotive which competes actively with Tesla for the market space and Ford motors give repairing services to their clients hence they compete with Tesla in the space of offering maintainance services.
Another competitor is General Motors which is based in Detroit, they are famed for producing vehicles which competes actively for the small market with Tesla. General motors has been around for a long time since it was founded in year 1908.
Honda Motor Company is another competitor for the market with Tesla Motor Inc, Honda produces a range of products those which compete with Tesla and their vehicle produced by them. Honda was founded in the year 1946 they are based in Minato located in Tokyo Japan.
Kandi Technologies Group Inc is a direct competitor of Tesla since them too produce electric-powered vehicle. They are based in Xinhua located in Zhejiang China, it was founded in the year 2002. Another competitor of Tesla Motor Inc is Navistar International they are based in lisle located in Illinois United States of America it was founded in 1908. They produce commercial trucks, IC Bus School and commercial buses which compete with vehicles produced by Tesla Motors Inc.
Oshkosh Corporation is a company founded in the year 1917, they are based in Oshkosh located in Wisconsin, United States of America. They take part in actively production of speciality trucks, military trucks, fire equipment, access equipment and truck bodies which competes for the vehicle market with Tesla Motors Inc.
Spartan Motors produce chassis, specialty vehicles, truck bodies and aftermarket parts which are used for recreational purposes. These vehicles produced compete for market share with Tesla Motors Inc. The company was founded in the year 1975, Spartan Motors is based in Charlotte located in Michigan, United States of America. Another company competing with Tesla Motors Inc Tata motors which is based in Mumbai India., it was founded in the year 1945. They produce the following products automobiles Sport Cars, commercial vehicles, coaches, buses, construction equipment, military vehicles and automotive parts which compete with vehicle produced with Tesla Motors inc.
Toyota Motor Corp is another competitor based in Japan, it was founded in the year 1937. They produce vehicles which compete with Tesla Motors Inc produced motor vehicles.
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