Tesla's Sustainable Development: Analysis, Strategies, and Outlook

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Added on  2023/06/15

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This report provides an analysis of Tesla's sustainable development strategies, focusing on the three pillars of sustainability: people, profit, and planet. It highlights Tesla's social initiatives, including skilled training programs and women empowerment, as well as its environmental initiatives, such as the use of renewable resources and energy-efficient car production. The report also examines Tesla's economic approach, emphasizing long-term profitability through sustainable practices. Key points of interest for Tesla's CEO regarding future sustainable development include adopting zero emissions through solar energy systems and all-electric vehicles. Recommendations for Tesla include improving their multinational presence and continuing investment in research and development to produce technologically advanced products. The analysis references several sources to support its findings and recommendations.
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GSS PROJECT PREPARATION
AND SUPPORT
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Introduction
There are number of elements in external and internal business environment which have direct indirect
influence upon organisation profitability, sales and decision making process. In this organisation with the
help of different type of model such as Porter five forces analysis organisation can identify impact of these
elements and can develop significance strategies.
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PEOPLE aspect of the three main pillars of sustainability in relation
to Tesla
People: The Social Pillar of Sustainability
Tesla is effectively emphasizes on balancing the needs of individual.
In addition to this organisation have many social initiatives in which they have skilled training
programs, worker safety initiatives, women empowerment initiatives and support their community
and social efforts with number of programs in which they donate money and material goods.
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PROFIT aspect of the three main pillars of sustainability in relation to
Tesla.
PROFIT: The Economic Pillar of Sustainability
It depict of equitable distribution and efficient allocation of resources. In terms with Tesla they have
long-term profitability organisation and undertake approach of total sustainability in which the focus
upon social and environmental issues which is most important aspect of their profit. With the help of
number of social initiatives
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PLANET aspect of the three main pillars of sustainability in relation to Tesla
PLANET: The Environmental Pillar of Sustainability
In terms with this, it has been identified that environmental sustainability occurs when system process and
activities lead toward using the environmental impact of an organisation towards environment.
Tesla undertake use of renewable resources and produce energy efficient cars with the help of number of
environmental initiatives.
Organisation is focusing upon zero waste have undertaken initiative to reduce carbon footprint in which they
manage energy consumption.
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Key points of interest for the CEO of Tesla regarding future sustainable development
According to the key points of interest for the CEO of Tesla regarding future sustainable development it has
been underlined that company is adopting zero emission with the help of using solar energy system all electric
vehicle and battery storage.
Company is also installing sustainable energy system at their own facilities and is taking advantage of renewable
energy generation and storage where possible.
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Recommendations
In order to ensure long-term sustainability in business environment with help of having strong
emphasize upon environment.
It is recommended to Tesla to improve their multinational presents.
Company is recommended to enhance business growth and continue their significant investment in
research and development to produce technological advance products.
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References
Gasparini, M., 2021. Strategia di quotazione in borsa per una space company: il caso Virgin
Galactic (Doctoral dissertation, Scuola Universitaria della Svizzera Italiana (SUPSI)).
Tolson, A., 2021. Allete Financial Analysis and Valuation.
Carroll, S.M., 2021. Reality as a Vector in Hilbert Space. arXiv preprint arXiv:2103.09780.
Carroll, M., Lindsey, S., Chaparro, M. and Winslow, B., 2021. An applied model of learner engagement and
strategies for increasing learner engagement in the modern educational environment. Interactive Learning
Environments, 29(5), pp.757-771.
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