BUSI201 - Tesla's Corporate Social Responsibility: Benefits & Limits

This report provides an overview of Tesla's Corporate Social Responsibility (CSR) activities, highlighting the benefits and limitations of implementing CSR initiatives. It begins with an introduction to CSR and its potential advantages, such as enhanced brand recognition and investor attraction, as well as drawbacks like impacts on profitability. The report then delves into Tesla's specific CSR efforts, including its focus on electric vehicle production using sustainable sources, leading to significant CO2 reduction and energy savings. The analysis concludes that CSR activities are increasingly important for companies, particularly large corporations like Tesla, to build a strong brand image and contribute positively to society. This document is available on Desklib, a platform offering a wealth of study resources including past papers and solved assignments.

Tesla
Corporate Social Responsibility

Introduction
CSR activities are implemented to reduce the
negative impact of business operations on the
society (Crane and Matten)
Some of benefits of CSR are:
 High brand recognition
 Positive image or getting into good books
 Attracting more investors
Some of drawbacks are:
 Hamper the company’s image
 Shift in vision
 Impact on profitability status

CSR of Tesla
Tesla is an America multinational company
that operates in automotive industry and
offers electric vehicle across the world
The company’s manufacturing of electric
cars using ecofriendly and sustainable
sources resultant in reduction in CO2 in the
environment (Valentin)
The company delivered 595 GWhs of
energy saving over 75M gallons of gasoline
(Valentin)
Provided electricity to 1B people across the
world with 1.4MW of solar generation using
solar panel (Valentin)

Findings
From the analysis it is identified that CSR
activities is increasing across the world
because it is responsibility of companies to
give back to society.
It is also analyzed that big players like Tesla
become successful and build strong brand
image in the market because of sustainable
practices .
At last, implementing CSR activities prove
to be beneficial mainly for big companies

References
Crane, Andrew, Dirk Matten, and Laura
Spence, eds. Corporate social responsibility:
Readings and cases in a global context.
Routledge, 2019.
Valentin, Michael. The Tesla Way: The
disruptive strategies and models of Teslism.
Kogan Page Publishers, 2019.