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TESLA Global Business: Strategies and Challenges

   

Added on  2023-01-11

6 Pages892 Words69 Views
Term Paper about
TESLA

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
1) How to solve problem at global business.............................................................................3
3) best entry mode for the TESLA to enter in the China ..........................................................4
4) How TESLA strategies are differ from Europe and China....................................................4
5) Conclusion..............................................................................................................................4
REFERANCES................................................................................................................................6

INTRODUCTION
Globalization is about the interconnections of people and businesses across the world that
eventually leads to global cultural, political and economic integration. It is the ability to move
and communicate easily with others all over the world in order to conduct business
internationally.
MAIN BODY
1) How to solve problem at global business
To sole the problem at the global level It is important for the TESLA company to find
out their strength and their weakness. This will help them to understand how they are
performing and what are their weakness at the global level.
SWOT analysis of TESLA
Strength
Financial resources of the company is strong so they are using money to develop new
technology in their car models.
Over the last few years company has witnessed rapid growth. Much of this trajectory is
related to excited consumers who can’t wait to hear more about the future of electric
vehicles and possibility of self-driving cars (Beck., 2018).
Weakness
New and high class technology make their cars supper expensive so it creates barriers
for the many people to buy the TESLA cars.
Organization structure is only compatible with present business model thus limiting
expansion in adjacent product segments.
Opportunities
expansion of their business in the china can create opportunity for the TESLA company
to achieve high growth, and they can take competitive advantages.\
Company has designers are expert to develop new technology and their new concept car
which is Electrical car can be beneficial for the company ad provide growth to them.
Weakness
Rising raw material can pose a threat to the Tesla Motors profitability.
Competitors of the company are creating threat for the TESLA company.
2) Challenges that TESLA face entering the Asian market

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