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3 . Definition of Tesla's Target Market: Tesla's target market comprises environmentally conscious consumers, early adopters of technology, and individuals seeking luxury vehicles with innovative

3. Definition of Tesla's Target Market:
Tesla's target market comprises environmentally conscious consumers, early adopters of technology, and individuals seeking luxury vehicles with innovative features. These consumers prioritize sustainability, cutting-edge technology, and performance. To quantify the target market's size, we can calculate the potential market size based on Tesla's total revenue and average revenue per vehicle. Assuming an average revenue per vehicle of $50,000 and total revenue of $11.8 billion in 2017, Tesla's potential target market size would be approximately 236,000 vehicles. how we take avareage $50000 from where

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