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Functions and operations of tesla motors PDF

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Added on  2021-10-12

Functions and operations of tesla motors PDF

   Added on 2021-10-12

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Tesla motors
Functions and operations of tesla motors PDF_1
Tesla motors
Introduction
The primary objective of this report is to highlight and evaluate the functions and operations of
Tesla motors which is popular brand in electric and automotive industry. Tesla motors is an
energy and automotive company that specializes in electric car manufacturing (Tesla, 2018).The
paper discusses that how environmental analysis is extremely important for every organization to
stand out over the rivals. The study further emphasizes on the PESTLE analysis that is needed to
identify and measure the opportunities and challenges of the market. Along with this, the paper
provides a brief information about the porter five forces model and SWOT analysis. More detail
of the task has been elucidated below.
Backgrounds of Tesla motors
Tesla Inc. is an American company which was incorporated in 2003 in Palo Alto California
(Tesla, 2018). The company manufactures, develops, designs and sells energy storage systems,
electric vehicles and solar energy products in the global market. There are two segments of the
company including automotive and energy generation and storage. The automotive segment
includes the development, manufacturing, design and sales of electric vehicles (Mangram, 2012).
On the other hand, energy segment includes the installation, manufacture, design and sale of
stationary energy storage products. Tesla builds energy storage products for commercial and
home use. Tesla struggles with BMW, Honda, Toyota, Nissan, Ford, Mercedes, Samsung, and
Lexus to be a leader in the automotive industry. The mission of the company is to accelerate the
entire world’s transition to sustainable energy (Tesla, 2018). To generate global sustainable
energy ecosystem, the company also manufactures a unique and dynamic set of energy solutions,
Solar roof, powerwall, enabling homeowners, powerpack and businesses to manage and handle
the renewable energy generation, consumption and storage (Rowland, 2018).
Need and importance of environmental analysis
Environmental analysis is an effective and unique strategic tool. It is a process to evaluate and
identify the internal and external factors that may affect the company’s performance and
productivity. Environmental analysis is needed to identify and measure the threats and
challenges of the market. To identify and analyze the environmental scanning, it is significant to
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Functions and operations of tesla motors PDF_2
Tesla motors
measure and evaluate the business and how it may affect the environment business across the
world. Environmental scanning may be defined as a process of identifying, analyzing, gathering
and dispensing facts, and information for strategic and tactical purpose. According to Bass and
Dalal-Clayton (2012), environmental analysis would help the organizations to evaluate and
understand what is happening both outside and inside the company and to maximize the
probabilities that the organizational policies and strategies developed would significantly reflect
the company’s environment. The environmental analysis is needed to identify and measure the
strength of the organizations that further helps in gaining competitive benefits in the global
market. Thus, environmental analysis plays a major role in measuring strengths and weaknesses
of the organizations effectively. A literature is given by Dixon (2013), environmental analysis
helps to evaluate and measure the opportunities and threats in the market. Early recognition of
threat and risk are always beneficial as it helps to diffuse off some threat. Proper and dynamic
environmental analysis and scanning help to make optimum utilization of natural, scare human
and capital resources. Systematic and effective analysis of business environment helps the
companies to minimize wastage and make effective use of available resources without evaluating
and analyzing the internal and external environment resources could not be utilized in a hassle
free manner. Therivel and Paridario (2013), analyzed that effective and unique analysis of
business environment helps the company to increase and enhance their strength, reduce the
weaknesses, diffuse the risks and grab the ample of opportunities. This enables the organizations
to grow and survive in the global market. Decision making is a tool of choosing the best
alternative from among multiple available alternatives. An environmental analysis is extensively
significant and dynamic method in understanding and decision making in all the circumstances
of the business. The success and growth of the organizations depend upon on the unique and
precise decision making capability. The analysis and study of environment enable the
organization to choose best option for the growth and progress of the firm. In this way,
environmental analysis plays a major role in boosting revenue and returns internationally.
Without undertaking environmental analysis and scanning, the organization cannot build and
improve a strategy and plan for the progress and growth of the business.
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