“If you're entering anything where there's an existing marketplace, against large, entrenched competitors, then your product or service needs to be much better than theirs. It can't be a little bit better, because then you put yourself in the shoes of the consumer... you're always going to buy the trusted brand unless there's a big difference.”

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About Elon Musk

South African-born entrepreneur and inventor of the 21st century, Elon Musk is best known for co-founding PayPal and leading revolutionary companies like Tesla and SpaceX. His work spans electric vehicles, renewable energy, and space exploration, often pushing boundaries with ambitious long-term visions.

More from Elon Musk (186 quotes) →
"If you're entering anything where there's an existing marketplace, ag…" — Elon Musk | Daily Quotes