Porter 5.docx - Porter\u2019s Five Competitive Rivalry \u2013 The major competitors for Tesla are Ford Motor Company General Motor Company(GM Honda Motor

Porter 5.docx - Porter’s Five Competitive Rivalry – The...

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Porter’s Five Competitive Rivalry – The major competitors for Tesla are Ford Motor Company, General Motor Company (GM), Honda Motor Company (HMC), and Toyota Motor Corp (TM). Many of these Traditional car companies are rapidly increasing their versions of hybrid gasoline electric cars and pure electric vehicles. Tesla cars stay as the only electric car on the market that carry a certain high-status cache that hasn’t been recreated by the other companies. The biggest thing tesla offers is the high-quality vehicles and competitors could offer similar work and a lower price to attract customer. Supplier Power - Tesla has more than two dozen parts suppliers and manufactures the basic electric components of the car like the battery and charger, the other parts come from suppliers spread across Europe, U.S and Asia. The key suppliers for Tesla are: Brembo: brakes Fisher Dynamics: power seats Inteva Products: instrument panel Modine Manufacturing Co.: battery chiller Sika: acoustic dampers
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