Meet Tesla's Newest Competitor: Apple.

Core Insights - Tesla's primary competition is shifting from traditional automakers in Detroit to technology companies in Silicon Valley [1] Group 1 - The competitive landscape for Tesla is evolving, with new entrants from the tech sector posing significant challenges [1] - Silicon Valley companies are increasingly focusing on electric vehicles, leveraging their technological expertise to innovate [1] - This shift indicates a broader trend where technology firms are entering the automotive space, potentially disrupting established players [1]