Stakeholder Analysis of Tesla Motors and the Global Automobile Industry

Running head: STAKEHOLDER ANAYSIS
Stakeholder Analysis of Tesla Motors and the Global Automobile Industry
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1STAKEHOLDER ANAYSIS
Table of Contents
Question 1............................................................................................................................2
Question 2............................................................................................................................6
Question 3............................................................................................................................8
References..........................................................................................................................10

2STAKEHOLDER ANAYSIS
Question 1
A detailed and evidence based evaluation of stakeholder environment for Tesla and US
automobile industry is analyzed. Moreover, identifying stakeholders along with their importance
is also prioterised in this section through use of certain stakeholder analysis tool (Anton, 2015).
The stakeholder groups of Tesla along with the US automobile industry include general
ecosystem, industry level, internal stakeholders and potential new stakeholders (Anton, 2015).
Stakeholder Analysis
Stakeholders Expectation/ Interest Importance
General ecosystem stakeholders
that includes environment
regulation and political support
International concerns regarding
climate and pollution changes
has resulted in generation of
tough federal state level policies
in order to enhance air quality
and decreasing greenhouse gas
emission. This stakeholder group
promotes development of clean
renewable fuels and
improvement of environment
(Chowdhury, 2014).
5
This stakeholder group has its
relevance in enhancing Tesla
Company’s energy storage
competitiveness. This has further
facilitated the company to attain
advantage from the research and
development. The company is
attaining exceptional support
from the government in ensuring
its success and development
(Dockalikova & Klozikova,
2014).
Industry level stakeholders that The consumers of Tesla 4

3STAKEHOLDER ANAYSIS
includes consumers and potential
competitors
Company gives increased
importance to the maintenance of
corporate social responsibility.
Considering such expectation the
company has focused developing
new ways in decreasing the
battery costs. Major competitors
of Tesla such as Federal signal
increases the expectation of
maintaining high competitive
advantages (Grünig & Kühn,
2015).
Consumers and the competitors
are deemed to impact the
revenues of the company as they
are highly interested in
reasonable pricing and product
quality. Position of the
competitors is analyzed for
increasing the company’s efforts
in developing CSR activities that
can benefit its stakeholders
(Kotabe & Helsen, 2014).
Internal stakeholders such as the
employees
Being one of the major
stakeholders, employees’ impacts
business performance and
productivity. Satistifying such
expectations, Tesla Company has
developed a competitive
compensation strategy and HR
programs. This is in order to
generate skills development and
leadership development (Lamas
et al., 2017).
3
Employees of Tesla Company
are deemed to be the critical
success factor within the
automobile industry. This
stakeholder group is deemed to
be important for the company for
the reason that this group offers
the company to implement is
CSR strategies in a better manner
and increases business