Tesla has a key strategy that helped it soar past legacy automakers
- Tesla has always pursued a multi-car strategy.
- A core value is that those cars are Teslas and therefore must be beautiful.
- Customers have responded and Tesla has built a brand on aesthetics and technology.
This gives us the opportunity to look back at Tesla overall strategy for launching vehicles. Unlike the crop of electric-car startups that appeared around the same time Tesla did - and later faltered, leaving Tesla as the only game in town - and unlike major automakers that propose exotic concept EVs but never get around to actually marketing them, Tesla has long relied on a multi-vehicle plan.
You can't do it with one car
As it stands, Tesla is a four-car company. That doesn't sound like much, but it has almost single-handedly validated a global market for electric cars. Before Tesla's ascent, the idea of a one-car EV maker would have been laughable. One of the cars, the original Roadster, has been discontinued, but eventually Tesla will make good on promises to introduce an updated version, and in any case, the company continues to take care of Roadster owners.Working with CEO Elon Musk, Tesla product architect and the guy with the multi-vehicle idea, Holzhausen has expressed the strategy in physical terms. If you look at Tesla's post-Roadster vehicles, they are aesthetically unified and self-reinforcing. The cars aren't especially flashy, but they do collectively express a Tesla look that's unmistakable.Advertisement
This is strategy given beautiful physical form, undergirded by Holzhausen's obvious belief that less is more. Tesla's luxury cars aren't larded with luxury clues - the chrome isn't laid on with a trowel, the curves and lines are smooth and sleek but not dramatic, and the interiors are subdued.
The Model 3 translates these values into a smaller, less expensive package, proving that it can be translated. Effectively, this ups the "Tesla luxury" aspect of the new vehicle and bolsters its Silicon Valley approach to design, which is informed by technology rather than by fealty to the automaking tradition.
An inverted wow!
Most luxury cars and well-designed mass-market vehicles aspire to be handsome, stately, and low-key impressive. The wow! factor is reserved for sports cars and supercars and some big trucks. But Tesla has devised its own inverted wow! factor. Whenever I get to borrow and drive one, I get lots of looks, lots of thumbs-up, lots of questions. This can't entirely be chalked up to novelty; the Model S has been around since 2012, the Model X since 2015.
Rather, Tesla's aesthetics embody the company's futuristic attitude and the carmaker's embrace of a technological adventure, and people respond to that in a more emotional way that you might expect. They don't drop their jaws as they would if a Ferrari or Lamborghini rolled by. Instead, they nurture of feeling of respect for Tesla's nerdy ambition to change the world, but to do it without making their cars look like dreary virtue-mobiles.This reaction has been key to Tesla's success, which has far exceeded anything the auto industry anticipated. Tesla has created a club of intensely brand-loyal owners. The aura of that club was instrumental in the unprecedented reveal of the Model 3 in early 2016, after which hundred of thousands of preorders for the vehicle were logged. People wanted to do more than bask in the beauty; they wanted to own it. And they were willing to lay down $1,000 each for the right to take delivery of their car years later.Advertisement
Tesla didn't just show the car; it made the showing matter in a new way.Get the latest Tesla stock price here.Advertisement
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