Whether you like Tesla(NASDAQ:TSLA) or not, it's hard to deny the company has accomplished something tremendous. In under two decades, this electric vehicle (EV) maker has disrupted a 130-year-old industry. Not surprisingly, shares of Tesla are up 860%.

But even after those gains, Tesla stock could still crush the market over the next decade. Here's why.

On several occasions, CEO Elon Musk has mentioned manufacturing as Tesla's long-term advantage. That may be surprising, but the company has made great strides in its pursuit of efficiency.

In 2017, Tesla introduced the 2170 battery cell, boosting energy capacity by 50%. The company started producing the new cell at the Gigafactory in Nevada, and by mid-2018, that factory was the highest-volume battery plant in the world.

In 2019, Tesla completed construction of Gigafactory Shanghai in just 10 months, expanding total capacity and localizing its China business. That cut costs by reducing the number of cars shipped across the ocean on boats.

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