If you think the growing electric-car market would exist without Tesla, think again

Tesla CEO Elon Musk.
REUTERS/Steve Nesius
17-year-old Tesla has become the dominant electric carmaker in the world because it took on huge risks. But it's now reaping equally huge rewards.
With the global EV market poised for growth, automakers are salivating over new sales, and they have Tesla to thank.
Tesla still faces considerable risks, but it has validated Elon Musk's vision. In Q3, the company delivered 139,300 vehicles, putting it on a pace to sell more than 450,000 in 2020.
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