Tesla May Soon Compete With Amazon On Data: Could The Musk, Bezos Rivalry Escalate?
Portfolio Pulse from Chris Katje
Tesla Inc. is considering expanding its operations into data centers, which could put it in direct competition with Amazon.com Inc, Microsoft Corporation, and Alphabet Inc. A job posting from Tesla for a 'Sr. Engineering Program Manager, Data Center' suggests this move. The data center business is worth over $250 billion, making it attractive to newcomers like Tesla. However, it's unclear whether Tesla's growth in data centers would be strictly an internal move or if it would offer data storage solutions for other companies.
August 14, 2023 | 4:08 pm
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POSITIVE IMPACT
Tesla's potential move into the data center business could diversify its revenue streams and increase its competitiveness in the tech industry.
Tesla's potential move into the data center business could diversify its revenue streams and increase its competitiveness in the tech industry. However, it's unclear whether this would be strictly an internal move or if Tesla would offer data storage solutions for other companies.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
If Tesla were to offer data storage solutions for other companies, it could pose a threat to Amazon's AWS business, which has been a major driver of growth for the company.
If Tesla were to offer data storage solutions for other companies, it could pose a threat to Amazon's AWS business, which has been a major driver of growth for the company. However, it's unclear whether Tesla would actually do this.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
If Tesla were to offer data storage solutions for other companies, it could pose a threat to Alphabet's cloud storage business.
If Tesla were to offer data storage solutions for other companies, it could pose a threat to Alphabet's cloud storage business. However, it's unclear whether Tesla would actually do this.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
If Tesla were to offer data storage solutions for other companies, it could pose a threat to Microsoft's cloud storage business.
If Tesla were to offer data storage solutions for other companies, it could pose a threat to Microsoft's cloud storage business. However, it's unclear whether Tesla would actually do this.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80