Tesla Inc’s (NASDAQ: TSLA) market cap has surged to over $400 billion throughout this unprecedented yr. With conventional automakers reminiscent of Volkswagen (OTC: VWAGY) battling prices as they’re attempting to catch up within the EV race, it is easy to see why buyers are enthusiastic about Tesla’s future. There are numerous disruptors coming Tesla’s approach in 2021 reminiscent of Nikola Company (NASDAQ: NKLA) becoming a member of forces with Normal Motors Firm (NYSE: GM), Rivian’s competing autos and SolarEdge Applied sciences Inc’s (NASDAQ: SEDG) vitality storage ambitions.Autonomous DrivingElon Musk has been teasing for years about self-driving Teslas. However, relating to autonomous driving know-how, Tesla is definitely working behind relating to technique and execution.For instance, Cruise, a subsidiary of Normal Motors, is best at driving autonomously and is constructing a enterprise that can make automotive possession out of date. In relation to self-driving, Tesla is not the chief, however solely a challenger as its models are simply beginning to acknowledge visitors lights and cease indicators.Cruise logged 831,040 autonomous miles in California throughout 2019 whereas Tesla logged 12.2 autonomous miles. However a good larger motive for concern is that Cruise shouldn’t be competing for a storage house however to switch automotive possession altogether. Due to this fact, its service which is because of launch subsequent yr is threatening Tesla’s core enterprise.PickupsNikola’s Badger is among the many seemingly candidates to actually problem Tesla’s Cybertruck. Nonetheless, the corporate is amid a disaster as its shares look set to lose one other $four billion at present. Markets have reacted to the shock departure of founder and govt chairman Trevor Milton, following allegations of fraud levied by short-seller Hindenburg Analysis. It stays to be seen how will this dramatic saga finish however Nikola claims its priorities stay unchanged as it’s set to vary transportation for the higher.Furthermore, one of many extra promising gamers seems to be to be one which is not buying and selling publicly but. Even huge gamers took discover so Ford Motor Firm (NYSE: F) hedged its bets on its in style and worthwhile star, the upcoming electrical F-150 when it invested $500 million into Rivian final yr.Story continuesBesides the 2 journey vehicles, Rivian will even be supplying supply vans for Amazon.com, Inc. (NASDAQ: AMZN) who additionally supported the corporate. With the most recent funding of $2.5 billion in July, it’s crystal clear that Rivian is nicely funded.However Rivian shouldn’t be a latest startup because it was based greater than a decade in the past. With a skateboard platform, 4 electrical motors on every wheel and superior battery administration, its vehicles can be geared up for various off-road adventures.Though it doesn’t goal to lure Tesla’s Model three clients, Rivian is about to be on the radar of pickup vehicles and SUV followers. If their electrical variations find yourself being as worthwhile as their inside combustion engine variations, Tesla could have a critical new competitor in lower than a yr.Rivian plans to start delivering its journey electrical R1T pickup truck and R1S SUV subsequent summer season.Photo voltaic StorageSince its IPO half a decade in the past, SolarEdge shares rose an unbelievable 806% which is near Tesla’s good points over the interval.To date, its industrial and resident enterprise did not pose a risk to Tesla, however the electronics it makes are literally necessary for photo voltaic panel makers and installers like Tesla.Which means Tesla can not have the entire market to itself.Furthermore, SolarEdge has made large strides to diversify into the EV and battery markets, with many new developments anticipated for 2021.SolarEdge is a serious provider of photo voltaic electronics to the residential market that enjoys an amazing popularity by way of its immense community of installers and distributors. With its residential battery system, it could possibly simply take a bit of Tesla’s battery pie.One a part of Tesla’s management in EVs is because of vertical integration that it achieved with its Gigafactories that provide all that Tesla wants in-house. As conventional automakers wrestle to catch up, SolarEdge has an amazing alternative to produce them with parts and subsequently, threaten Tesla’s dominance in not just one, however each of its enterprise segments.Outlook – A New Panorama2021 is predicted to be an important yr for EVs, battery developments and renewable vitality storage. Tesla will face extra competitors than it ever has so numerous it relies on what it displays throughout its Battery Day on September 22. Tesla has been the disruptor since its inception. This yr, it turned essentially the most beneficial automaker on the earth. However inside a yr or two, Elon Musk may simply get up one morning to a wholly new surrounding.This text shouldn’t be a press launch and is contributed by a verified impartial journalist for IAMNewswire. It shouldn’t be construed as funding recommendation at any time please learn the complete disclosure . IAM Newswire doesn’t maintain any place within the talked about firms. Press Releases – In case you are searching for full Press launch distribution contact: email@example.com Contributors – IAM Newswire accepts pitches. For those who’re occupied with turning into an IAM journalist contact: firstname.lastname@example.orgThe submit three Firms Tesla Ought to Be Fearful About appeared first on IAM Newswire.Picture by Martin Katler on UnsplashSee extra from Fintech Zoom© 2020 Fintech Zoom.com. Fintech Zoom doesn’t present funding recommendation. All rights reserved.