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Tesla Motors Analysis

   

Added on  2023-01-23

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Running head: TESLA MOTORS ANALYSIS
TESLA MOTORS ANALYSIS
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1
TESLA MOTORS ANALYSIS
Table of Contents
Introduction................................................................................................................................2
Introduction to Tesla Motors:.....................................................................................................2
Stakeholder Analysis for four selected stakeholder groups:......................................................7
Stakeholder generic strategic programs for each of the four selected stakeholders..................9
Recommended strategic program:............................................................................................11
Conclusion:..............................................................................................................................12
References:...............................................................................................................................13

2
TESLA MOTORS ANALYSIS
Introduction
The aims of this report is to discuss the connection of Tesla Motors with its
stakeholders. Through this stakeholder analysis and strategy development report the company
will find the strength and weaknesses of the products mentioned and transform those to attain
the trust and dependability of the stakeholders.
Introduction to Tesla Motors:
Tesla motor company was established in 2003 in the USA by Meeting Eberhard and
Marc Terpenning (Tesla.com 2019). It has been serving the customers all over the world as
one of the most reputed automobile company. It is a public sector organisation with annual
revenue of 21.4 billion USD stocks Tesla has been accelerating the transition of the world to
a sustainable energy Efficiency with its production of electric cars integrated renewable
energy solutions for personal and professional use and solar panels. In 2018 Tesla Motors
hydrant as one of the bestselling plug in Passenger car manufacturer in the world both as the
brand has wireless by the automotive group.
Vision:
The vision statement of Tesla motor is to create the most compelling car company of the 21st
Century by driving the world's transition to electric vehicles.
Mission
Tesla’s mission statement used to accelerate the world’s transition to sustainable energy. The
mission statement of Tesla reflects it’s into achievement of sustainable development in terms
of developing automobiles in such a way that can alter the Dynamics of the business
operations in the world. The mission of this company has been the generation of Sustainable
energy to enhance the quality and standard of cars produced by Tesla.

3
TESLA MOTORS ANALYSIS
Developments
The interview with Elon Musk the CEO of Tesla has pointed out that the company has
matched the expectation of the environmental changes in the world (Youtube.com 2019). The
recent trend of Leaning towards the sustainable development of the organisations and
acceptance of electric cars to reduce pollution contributed by the traditional fuelled cars. The
plan of this company therefore is to secure the future of this business through attaining long
term sustainability. the recent growth of demand of electric cars in in the developed countries
have also been discussed.
Challenges:
Tesla has a strong history of overcoming odd challenges but with changing Trend and,
petition the company has faced lots of odds which needs to be overcome.
Firstly Amazon Web Services account has been hacked to mine crypto currency.
Secondly the mechanical fault it affected power steering systems of model S sedans
and model X.
Thirdly the company faced problems with National transportation safety board from
which Tesla has removed itself.
Fourthly the workplace condition in the organisational setting in Tesla has become
questionable as positive working culture is losing its effectiveness.
Finally, Tesla's credit rating has been reduced due to Model 3 controversy which is
giving a debt concern to the company.
Industry trends:

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