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Elon Musk's decision to form a new automotive manufacturing company is unique because the automotive industry is one that has high start up costs, there

Elon Musk's decision to form a new automotive manufacturing company is unique because the automotive industry is one that has high start up costs, there are very few sellers in the industry, and the number of firms entering the market is low. Elon's company Tesla is competing in what type of market?

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