Reference no: EM133099136
ELON MUSK Company TESLA TO PARTNER WITH DENT FOR PI PHONE
Jan 02, 2022 (Vehement Media via COMTEX) -- Tesla the leading electric car manufacturer is partnering up with blockchain based telecom operator Dent for its Pi Phone. Tesla is known for innovation in any industry it sets it foot in be it the automobile industry, renewable energy, satellite internet, infrastructure, souvenirs and now the smartphone industry.
It is a pioneer of many technologies which has revolutionized the way forward for the world. And now Tesla is planning to launch its first ever smartphone name Pi. Pi Phone is going to be an amazing product which will take advantage of not only Tesla's own Starlink network for communication and internet but also the decentralized blockchain network technology of Dent. Dent is getting traction from various groups across the globe for its decentralized telecom technology which will not only break monopolies in the industry but also protect user's privacy using blockchain.
Tesla Pi is also rumored to use Elon Musk's Sci-Fi inspired Neuralink technology which is being developed to connect human brains to computers. Model Pi is going to be everything and more compared to what is available for end consumers today.
With the use of Starlink's vast satellite network and Dent's telecom technology, Pi is going to be first phone which will also work on Mars. You will never have to worry about changing SIM cards when intra-planetary travels come to life let alone when travel within countries here on Earth.
While all of this sounds too good to be true, we all know that when Elon Musk sets out to get something done, it gets done. So lets hope that Tesla Pi, Starlink and Dent can work together fast enough to bring out a device that will demolish anything that is available right now.
Question
Use both an industry structure perspective as well as a dynamic resource-based perspective to assess the threats that new blockchain telecoms hold for the existing players in the industry. Make recommendations on how the leadership of the existing Telecoms should respond to the threat.