Tesla, Inc.

Tesla’s moat is primarily its brand and early technological lead in EVs (battery packs, Autopilot data, Supercharger network). It enjoys advantages from vertical integration and a massive charging infrastructure. However, these advantages are weakening.

Chinese EV competitors (BYD, Xpeng, etc.) are rapidly innovating and undercutting Tesla’s prices with similar features. Government moves to open Tesla’s chargers to all EVs and multi-brand industry standards further dilute exclusivity. Overall, Tesla’s competitive edge is real but eroding; we’d call it at best a narrow moat with mounting threats.