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Amerlina Muratovic 
Amerlina Muratovic
"Stopping advertising to save money is like stopping your watch to save time." H. Ford
Published Oct 18, 2023
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When you think of Tesla , the first name that probably comes to mind is Elon Musk.
In 2003, the company was founded by two Silicon Valley engineers, Martin Eberhard and Marc Tarpenning.
After Musk took over as CEO of Tesla in 2008, the business has grown to become one of the most successful in the world as a result of his strong leadership and unique vision.
From the beginning, Musk's goal has been to accelerate the world's transition to sustainable energy.
4 Key Factors in Tesla’s Success:
Tesla is best known for its innovations in the automotive industry.
They make electric vehicles, which makes them a more environmentally friendly option.
In terms of design, their cars are very modern and high-tech (autopilot system), which allows for semi-autonomous driving.
This has been a key factor in Tesla’s success.
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By shifting its focus to sustainable energy, the company has been able to attract a new customer base, namely environmentally conscious consumers who are willing to pay a premium for sustainable products.
A key factor in the company’s growth has been word-of-mouth marketing.
Tesla has a strong community of satisfied customers who are passionate about the brand. And there are no better brand advocates from satisfied and happy customers.
Tesla has a direct sales model that allows the company to have more control over the customer experience.
This has helped the company provide a high level of customer service and support, which has been critical to building a loyal customer base.
The company has been able to create a sense of community among its customers by introducing a unique referral program that rewards customers for referring new customers.
💡As a result of being true to its mission and pushing the boundaries of what is possible, Tesla has become a household name worldwide and a leader in the automotive industry, with a net worth of $797.05 billion.
#Tesla #BrandLoyalty #ElectricVehicles #ElonMusk
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34 Comments
Stanley Umezulike
Co-founder, Ifeadigo Publishing Company | Award-Winning Entrepreneur | Book Publishing Expert| ForbesBLK Member | I help writers become authors who make massive income via their published assets.
10mo
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Word of Mouth Marketing is powerful
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Luckson Odiase
Grow Your Brand | Build Authority on LinkedIn as a Founder or Creator with Content & Copy.LinkedIn Strategists || Marketing Copywriter
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You conveyed so much information in a short while.Love this article Amerlina Muratovic
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Hibba Imran
Chief Marketing Director | Your Next Door B2B Digital Marketer | ESD Global Trainer for Self-Defense | Biochemist
10mo
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Tesla has shown that there is a strong market for electric vehicles, and its focus on customer satisfaction has helped to build a loyal customer base.
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Shahzaib Waheed
Want to Study or a Career Prospect in "FINLAND"? Look No Forward || Book a call - FOLLOW ME FOR DAILY POSTS ABOUT PRODUCTIVITY :)
11mo
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Key is Amerlina Muratovic Focus on customer experience.Tesla is focused on providing its customers with a great experience.
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Greg Robinson
Marketing Director & Coach | Talking about Mindset, Marketing & Mastery
11mo
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Many people forget that Elon Musk wasn't the original founder, but his leadership has been instrumental.
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