> as a market grows one company cannot maintain the same market share as competitors join in over time.
Why not? Look at Apple's smartphone market share in the US. It's been fairly constant at 60% for the last 15 years.
Why not? Look at Apple's smartphone market share in the US. It's been fairly constant at 60% for the last 15 years.
In the vehicle market, there's a lot more competition space than just two or three brands. And just because someone is around, say, Ford drivers. It doesn't necessarily mean that they're going to go out and buy a Ford for themselves. Rather, they're going to buy whatever they find appealing.
In Tesla's case, a number of competitors have entered the market. It would be impossible to maintain whatever market share they had no matter how good the product is or how well their stock price is doing.