MGT 234 Tesla Business Strategy - Free Samples to Students

esla should work with fueling organizations as well as other investors to establish chargers because this is one of the factors that are slowing down the use of electric cars in most parts of the world.

Answer:

Strategic move in the next three years

Tesla has proved that it has the capacity to manufacture high-quality cars that are environmentally friendly. Therefore, the next move is to expand the markets and encourage more customers to use their cars. The company should explore the markets that it has not yet explored and this includes some potential markets in Africa and the Gulf. On top of that, Tesla should work with fueling organizations as well as other investors to establish chargers because this is one of the factors that are slowing down the use of electric cars in most parts of the world.

Competitive threats

Other organizations have seen the success of Tesla, and they are planning to launch electric car models. The first threat is Porsche which has the plans to launch a 600-horsepower sports car that is supposed to be a hundred percent electric. Volkswagen is also planning to launch the Audi e-Tron Quattro luxury electric crossover. Volvo is also planning to ditch gasoline cars to start manufacturing electric cars. Looking at the influential organizations that are planning to invest in electric vehicles, it is evident that Tesla will be facing stiff competition soon.

Is Tesla going to re-shape the transportation industry?

Without fear of doubt, Tesla is going to re-shape the transportation industry. Tesla has come at a time when the world is looking for ways to do away with cars that emit carbon and adopt vehicles that emit less or do not emit carbon at all. The world has focused its mind on the conservation of the environment, and since Tesla is promoting the same agenda, it has received favors from the global community, and that is likely to see the company change the transportation industry. The models that the company has launched have been received positively, and this means that the company has all that it needs to re-shape the transportation industry.