Are you aware that Tesla has never done advertisements for its vehicles? You're correct, and here's why!
To market its products, Tesla has traditionally relied on word-of-mouth and Elon Musk's reputation.
Without a marketing and advertising department, the company has had great success.
Tesla places a high value on providing customers with a human-centric experience.
Tesla, according to Musk, may run advertisements to inform consumers about its technological advancements.
According to Musk, advertising may help companies reach more people and produce more cars.
Investors in Tesla believe that advertising will increase the adoption of electric vehicles and inform consumers.
In light of the growing EV competition and market noise, analysts like Dan Ives believe advertising is required.