Post by Titilope Francis Adepoju (@titifranc)

Elon Musk is shifting beyond Electric Vehicle as Tesla is facing competition in the automotive industry. Just like Nokia, after its disruption by Apple Inc. and Google dominance, it was subdue quickly in the industry and still striving to come back.
Among other factors, the lower labour costs in China versus the United States has enable cheaper EVs by the Chinese.
Following diversification theory by Igor Ansoff, Musk is expanding into AI, autonomy, and robotics to sustain long-term growth.

0 likes · 0 comments · 0 shares