Home Technology peripherals It Industry Tesla plans to break the rules and try advertising, attracting industry attention

Tesla plans to break the rules and try advertising, attracting industry attention

May 20, 2023 am 09:22 AM

News on May 17th, Tesla CEO Musk recently revealed that Tesla plans to try advertising, which is a move that is different from its usual strategy. Tesla has always relied on product quality and performance to attract consumers, and relied on consumers' spontaneous communication to promote sales without over-reliance on advertising.

Musk said that Tesla is facing a series of challenges, especially the worsening global shortage of semiconductors, which has caused a lot of troubles to car production and delivery. Tesla has to improve product quality and service levels to cope with competitive pressure in the electric vehicle market.

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According to ITBEAR Technology Information, Musk believes that brand recognition is equally important to Tesla, especially in the current fiercely competitive electric vehicle market. He believes that by adopting a more aggressive marketing strategy, Tesla can better attract potential customers and further consolidate its position in the global automobile market. Despite the growing number of competitors, few companies have truly shaken Tesla's position. Tesla remains the world's top electric car maker by sales and profits.

According to official financial report data, Tesla achieved significant growth in 2022, with revenue reaching US$81.5 billion, a substantial increase compared to US$53.8 billion in 2021. Among them, Tesla's automotive business is the most important segment, with revenue in 2022 of approximately US$71.5 billion, accounting for about 88% of the company's total revenue. Compared with US$47.2 billion in 2021, this number has increased significantly. increase.

Tesla’s decision to try advertising has attracted widespread attention in the industry. While facing many challenges, how Tesla will use advertising to enhance brand awareness, attract more potential customers, and further consolidate its market position has become the focus of attention in the industry. Tesla's advertising effectiveness and market performance will become the focus of more attention in the future, as the company is gradually changing its marketing strategy.

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