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Quote By Elon Musk
If you’re entering anything where there’s an existing marketplace, against large, entrenched competitors, then your product or service needs to be much better than theirs. It can’t be a little bit better, because then you put yourself in the shoes of the consumer… you’re always going to buy the trusted brand unless there’s a big difference.
Elon Musk
Elon Musk
Tech Entrepreneur and Innovator
Elon Musk, the entrepreneur behind Tesla, SpaceX, and X, drives bold advances in technology while sparking global debate with his visionary pursuits.
Explanation Of The Quote
Elon Musk explains that in established markets, new products must be dramatically better to win trust. Incremental improvements aren't enough to overcome strong brands. His advice calls for bold differentiation and excellence.
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