Risk Assessment of Tesla Inc.

The assignment involves conducting a risk assessment of Tesla Inc., a leading electric vehicle manufacturer. The scope of the research includes five groups: ecological outline, society associations, workers affairs, organizational governance, and threats associated with product-portfolio. The researcher will use a standardized risk assessment methodology and various methods such as risk assessment questionnaires and assessment tools to identify and evaluate risks. The findings and recommendations from this study will be presented in a detailed report.

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Background information
Tesla, Inc. initially known as Tesla Motors is an American Company that majors in electric
automotive, storage of energy and the production of solar panels. Additionally, the company
also manufactures batteries known as Tesla Powerwall and Powerback. The company
headquarters is in California, and it was founded in 2003 by four people namely Marc
Tarpenning, Jeffrey Straubel, Elon Musk, and Martin Eberhard. The organization’s name is
owed to the engineer Nikola Tesla (Lehtinen, 2015).
Organizational Structure
Tesla Inc. has adopted a functional organizational structure which involves corporate function
as the primary significant factor. The global hierarchy is the most significant one, followed
by the worldwide centralization and lastly the minimal regional divisions. The international
structure consists of operational offices that supervise domestic and global operations (Nisar,
Palacios, & Grijalvo, 2016).
The purpose of the company is to initiate and develop public interest in electric vehicles and
to replace the traditional fuel consuming vehicles. Tesla Inc. does this by manufacturing and
marketing high-performance electric cars that are technologically advanced in addition to
powertrain components (Lehtinen, 2015). The company currently operates 265 stores and
service locations globally out of which 60% of the sales is attributed to the US with Norway
and China accounting for 5% and 15% respectively and is the leading producer of electric
cars in the worldwide.
The scope of the research and focus
The scope of this risk assessment includes all the operations of Tesla and are categorized into
five groups namely, ecological outline, society associations, workers affairs, organizational

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governance, and threats associated with product-portfolio (Van Den Steen, 2014). The
objective of this risk assessment is to ascertain the threats and vulnerabilities associated with
Tesla Inc. Next, the relative likelihood and severity of the effect of the discovered threats and
vulnerabilities would be identified in case they occur. Then recommendations to mitigate the
identified risks and vulnerabilities will be made.
Research method and resources
This research assessment will adopt the standard risk assessment methodology that is allowed
under the U.S federal government (NIST, 2002). Risk assessment of Tesla Inc. will be
undertaken using various methods such as risk assessment questionnaire, and assessment
tools (Marhavilas, Koulouriotis, & Gemeni, 2011). The researcher will use a personalized
version of the online self-assessment questionnaire. The questionnaires will be distributed to
the selected employees and managers via e-mail after permission is granted for the same.
This questionnaire will help the researcher in ascertaining the risks. The information sources
for risk assessment will consist of the identified research articles that will be accessed online.

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References
Lehtinen, P. (2015). The advancement of electric vehicles-case: Tesla Motors. Disruptive
technology requiring systemic innovating. Retrieved from
http://tampub.uta.fi/bitstream/handle/10024/97521/GRADU-1435294550.pdf?
sequence=1&isAllowed=y
Marhavilas, P. K., Koulouriotis, D., & Gemeni, V. (2011). Risk analysis and assessment
methodologies in the work sites: on a review, classification and comparative study of
the scientific literature of the period 2000–2009. Journal of Loss Prevention in the
Process Industries, 24(5), 477-523. http://risktr.com/dokumanlar/risk%20analysis
%20and%20assessment%20methodologies%20in%20th%20work%20sites.pdf
Nisar, A., Palacios, M., & Grijalvo, M. (2016). Open organizational structures: A new
framework for the energy industry. Journal of Business Research, 69(11), 5175-5179.
National Institute of Standards and Technology (2002). Risk Management Guide for
Information Technology Systems (Special Publication 800-30). Retrieved from:
http://csrc.nist.gov/publications/nistpubs/800-30/sp800-30.pdf)
Van Den Steen, E. (2014). Tesla Motors. Harvard Business School Case, 9-714, 413.
Retrieved from https://www.sobtell.com/images/questions/1496215649-tesla_2.pdf