Tesla Research Paper

1392 Words3 Pages

Tesla Final Project For the strategy project I decide to write on Tesla. The industry in which Tesla competes is the auto industry as well as alternative energy industry. It is mostly known for the work that it does in the Automobile industry. The industry has been mainly dominated by the “Big Three” more specifically Ford, General Motors, and Dodge. I chose to do my strategy project on Tesla because it has revolutionized the automotive industry from its use of a battery to power a car to production of a giga auto manufacturing plant with the lowest carbon foot print. Tesla is interesting to me because I have been waiting on them to release a car that is affordable and for the masses. I have been following the company for a while since …show more content…

Therefore revolutionizing the industry of space travel. Tesla is on the forefront of not only mass producing battery power cars that travel faster than the average car. While also being able to travel the same amount length as a gas powered car before needing to be recharged. They are also creating an industry from the ground up by having to add enough charging stations nationwide to help achieve the goal of competing in the auto industry. Tesla is also on the forefront of making alternative energy use possible for powering and making homes, business, and factories that are completely off the grid. The data that is advisable for me to develop my analysis I will use new coverage from all the major networks, the Tesla's website for their mission statement, future goals, and for future acquisitions, Kelly Blue Book for the value of cars as well as reviews, and Forbes. I develop and analysis of Tesla by preforming a SWOT Analysis, looking into the strategic management plans they have in place, and a look into their …show more content…

Even though that was the first accident that was a result of the new trend. There are still only a few states that even have laws in place to make it legal to use autopilot on cars. Even though future laws are pending every single car maker still has some sort of autonomous feature placed in future cars. I do believe that once the new laws are released and Tesla does an update to their Auto pilot system cars driven by people in the future will be a farfetched idea. The conclusion that can be drawn from the steep analysis is that autopilot seems like a scary new trend but their will come a time when it will totally illegal for a person to take control of their car unless in emergency situations. All new technologies have to be tweaked and updated until it able to perform at the level that both the government and the firm sees

More about Tesla Research Paper

Open Document