Elon Musk Names Tesla's Real Rival

Tesla's biggest competitor is not necessarily the one most people expect.

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Legacy automakers, such as General Motors (GM ) - Get General Motors Company Report , Ford ( F )

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Get Ford Motor Company Report , Volkswagen ( VWAGY ) - Get Volkswagen AG Report and Mercedes-Benz (DDAIF ), position themselves in relation to Tesla.

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Upstarts like Rivian (RIVN) - Get Rivian Automotive, Inc. Class A Report, Lucid Group (LCID) - Get Lucid Group, Inc. Report and Fisker (FSR) - Get Fisker Inc Class A Report compete with Elon Musk's EV juggernaut.

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Tesla's fame extends far beyond the automotive industry. Innovation and disruption are also priorities for companies like Tesla.

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The electric-vehicle manufacturer has turned the car into a living room on wheels with the latest technological innovations.

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The T brand occupies a unique place among consumers. Tesla owners are among a select group of owners.

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There are four models currently available - Model S and Model 3 sedans, as well as Model X and Model Y SUVs.

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By 2023, the Cybertruck, the Tesla Semi, and the new Roadster will be in production.

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Since Musk, the architect of Tesla's success, likes to conceal his tracks, it's difficult to classify the company.

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When people think of Tesla as just a vehicle manufacturer, they are often reminded that the company's market capitalization, which topped $1 trillion a few months ago, tells a different story.

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Annually, Tesla sells far fewer cars than Toyota ( TM ) - Get Toyota Motor Corp. information, GM, Volkswagen, or Ford.

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