Tes La Ferrari
Active Member
Tesla Effect: Japan's AC giant innovates to prepare for Elon Musk’s HVAC project
There’s something remarkable about the “Tesla Effect” in the way that it fosters innovation not only on segments that the company is already competing in but in markets that the electric car and energy company is still yet to enter. This seems to be the case in the home HVAC segment, with a...
www.teslarati.com
TL;DR: the fear of Tesla catalyzes innovation before Tesla even enters a given market. Humanity is the largest beneficiary of the resultant positive effects.
“the “Tesla Effect” in the way that it fosters innovation not only on segments that the company is already competing in but in markets that the electric car and energy company is still yet to enter. This seems to be the case in the home HVAC segment, with a recent report from Japan stating that air conditioner maker Daikin is now innovating its business model to prepare for the likely entrance of Tesla into the home HVAC space. “
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