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Tesla Inc

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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation

Tesla’s Strategic Focus Shifts From Growth to Development of Affordable Vehicle and Cost Reductions

Business Strategy and Outlook

Tesla is one of the largest battery electric vehicle automakers in the world. In less than a decade, the company went from a startup to a globally recognized luxury automaker with its Model S and Model X vehicles. The company competes in the entry-level luxury car and midsize crossover sport utility vehicle markets with its Model 3 and Model Y vehicles. Tesla also sells a light truck—the Cybertruck, and a semi truck. The company plans to launch an affordable SUV and luxury sports car in the future.

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