Why Is It So Hard To Catch Up With Tesla? Is It The Laws Of Physics?
Prior to the rise of Tesla, conventional wisdom held that it would be practically impossible for a startup company to challenge the behemoths of Big Auto. When economics professors explained the concept of barriers to entry, the auto industry was usually example #1. Selling cars in volume requires not only massive industrial resources, but a highly complex supply chain and dealer network, so a startup couldn’t possibly compete.
