Industry analysts cautioned, however, that no new company has been able to successfully
enter the U.S. auto manufacturing industry since the 1920s. Would Tesla Motors be an exception?
Now that the large global auto corporations were developing their own versions of the
electric car, would it only be a matter of time before they caught up with Tesla’s technology
lead and surpassed it? Companies like GM, Toyota, and Ford had major advantages over Tesla
in resources, brand identity, economies of scale, and distribution. A technological advance in
battery power, size, and weight could completely alter the competitive landscape.