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Conclusion: Industry Outlook

As Tesla embarks on a path of expanding autonomous driving functionalities, legacy automakers face an uphill battle as they navigate mergers and price cuts in response to falling sales. The automotive industry is clearly at a crossroads, with technology and consumer expectations evolving faster than many established companies can adapt.

Future developments in this sector are likely to showcase the division between rapid innovation exemplified by companies like Tesla and the inertia noticed in legacy firms clinging to traditional models. The road ahead appears challenging for those unwilling or unable to pivot swiftly to meet the demand for electric and autonomous vehicles.