Title: 📗 How Tesla Motors is Changing the Economy | SpeedyPaper.com
Headings: How Tesla Motors is Changing the Economy
How Tesla Motors is Changing the Economy
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Content: These companies specifically spring up to serve this market in areas such as special electronics, battery development and software writing. As upcoming sectors of the economy, Tesla supports the growth of these companies by outsourcing their services and products. Given that such companies range from small to large companies that are spread all over the United States, their growth concurrently serves to enhance the level of economic growth6 in the nation. In addition, as these technological companies continue to grow, the demand7 for their products continues to expand. They not only serve Tesla Motors but also work with other leading automobile corporations in the world. This is fueled by the need to increase the functionality and efficiency of fossil-fueled vehicles. The heightened demand is from the automobile companies that aims at increasing their competitive edge against the newly innovated electric vehicles. They do this by investing in new electronics, networks, computers and a range of sensors which are fitted to these vehicles as opposed to mechanical parts. This way fossil-fueled vehicle owners may, to a certain level, enjoy the same utility offered by electric vehicles manufactured by Tesla Motors. This has boosted the auto industry which is one of the major industrial boosters of the economy of the United States.