Strategic Solution for Tesla: Research and Development, Production, Human Resources, and Strategy

This presentation discusses the strategic solution for Tesla, covering research and development, production, human resources, and strategy. It highlights the importance of R&D in staying ahead in the competition and producing innovative products. It also emphasizes Tesla's focus on high-volume production and the hiring of suitable and passionate employees. The presentation concludes with references for further reading.

Strategic Solution Slide

Introduction
Strategic solution is related to
mainly a long term- permanent
solution of formulating,
implementing and evaluating
cross-functional decisions that
will enable an organisation to
achieve its objectives and goals

Research and development
 Tesla spend a lot in R&D expenses which requires a huge investment for investing
more because Tesla is focusing on software updates, automation, research and
development. R & D allows a company to stay ahead in the competition. Without
R&D a company may not survive on its own and through R&D Tesla can design new
innovative products and improve their existing products.

Production
 Tesla produces its own key components such
as electric motor, charger and the battery
pack and it also buys its product from
different countries like Europe and China.
 Tesla's future depends upon the high-volume
production so it focusing on making the
machine that makes the machine. In fact,
Tesla is planning to increase the speed of
the production

Human Resources
 Human resources are required to fulfil the strategic actions for proper functioning of
the company through the hiring process
 Tesla's main mission is to accelerate the world's transition to sustainable energy by
appointing the suitable and best people that share the same passion in the
innovative culture. Tesla involves training programs to orient employees to improve
the organisational culture. It also creates human resource competence necessary for
 innovative products in the global automotive business.

Strategy
 Ford Motor company was founded by Henry Ford on June 16,1903. It is an
American multinational automobile manufacturer which has its headquarters in
United States.
 Ford Motor company was founded by Henry Ford on June 16,1903. It is an
American multinational automobile manufacturer which has its headquarters in
United States. The company sells commercial vehicles and automobile

REFERENCES
 Grassi, A. and Vallati, M., 2019, May. AI to Facilitate Legal Analysis in the PESTLE
Context. In Proceedings of the 2019 Emerging Technology Conference. University of
Huddersfield.
 Jones, R.W. and Kierzkowski, H., 2018. The role of services in production and
international trade: A theoretical framework. World Scientific Book Chapters, pp.233-253.
 Karpenko, L., Zhylinska, O., Zalizko, V., Gaidai, T. and Kukhta, P., 2019. Strategic
management of entrepreneurship based on smart technologies. Journal of
Entrepreneurship Education, 22(5), pp.1-6.
 Köseoğlu, M.A. and Parnell, J., 2020. The evolution of the intellectual structure of
strategic management between 1980 and 2019. Journal of Strategy and Management.

Thank You