Is There a Tesla Effect? If so, What Does it Mean for Traditional Automakers?
Steve Lang, a special contributor to Capital One, wrote an interesting piece a few weeks ago titled, The Tesla Effect: How Tesla Is Changing the Used Car Game. Lang asserts that the once strong demand for European luxury brands is declining dramatically due to the demand for Tesla among European automotive owners. As these European vehicle owners increa...
Oct 16, 2019
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2 min read
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