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Tesla’s EV market share (finally) falls below 50%. Good news for founders— incumbents took 15 years to match 1 founder.
Manage episode 428339247 series 3298391
Elon Musk single-handedly took on the entire automotive industry. No one, including me, thought he would succeed. But he's built an $800B company. Whether sales are slowing down misses the mark: the punchline is it took well capitalized, professional automakers 15 years to catch up to a single founder.
Sure, Elon Musk is special. But this goes beyond just Elon Musk. It shows that founders today have more business power than founders have ever had. They can take on the most established industries.
The reason is that the pace of innovation is faster than ever. No business model is safe.
And founders are the only ones who can react.
Keywords
Tesla, EV market, car manufacturers, Elon Musk, disruptive innovation, business models, founders, rate of change
160 episod
Manage episode 428339247 series 3298391
Elon Musk single-handedly took on the entire automotive industry. No one, including me, thought he would succeed. But he's built an $800B company. Whether sales are slowing down misses the mark: the punchline is it took well capitalized, professional automakers 15 years to catch up to a single founder.
Sure, Elon Musk is special. But this goes beyond just Elon Musk. It shows that founders today have more business power than founders have ever had. They can take on the most established industries.
The reason is that the pace of innovation is faster than ever. No business model is safe.
And founders are the only ones who can react.
Keywords
Tesla, EV market, car manufacturers, Elon Musk, disruptive innovation, business models, founders, rate of change
160 episod
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