HOW DID ELON MUSK GET MORE POWER IN THE EV SECTOR?

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Tesla has already bought two smaller EV companies: SolarCity and Grohmann Engineering.

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Musk may continue to acquire more EV companies, large and small, in order to expand Tesla's capabilities and market dominance.

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Developing new EV technology. Tesla is constantly developing new EV technology.

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Among these are its battery technology and self-driving software.

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Musk may expand his R&D spending in order to stay ahead of the competition.

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Tesla's output capacity is being increased. Tesla currently produces approximately 1 million vehicles each year

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Musk may raise Tesla's production to meet surging EV demand.

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