HOW DID ELON MUSK GET MORE POWER IN THE EV SECTOR?
Tesla has already bought two smaller EV companies: SolarCity and Grohmann Engineering.
Musk may continue to acquire more EV companies, large and small, in order to expand Tesla's capabilities and market dominance.
Developing new EV technology. Tesla is constantly developing new EV technology.
Among these are its battery technology and self-driving software.
Musk may expand his R&D spending in order to stay ahead of the competition.
Tesla's output capacity is being increased. Tesla currently produces approximately 1 million vehicles each year
Musk may raise Tesla's production to meet surging EV demand.