4. Assessment Task Q1. Tesla and the Market for Electric Vehicles in the US (E2) [16 marks] Electric-car development seems to be way of the future to help achieve zero-emissions vehicles. Tesla is a market leader among the electric vehicle (EV) manufactures. Read the following articles and then answer the questions below: https://arstechnica.com/cars/2019/12/tesla-stock-just hit-a-new record of-400-heres one reason why?. https://www.theverge.com/2020/1/29/21113987/tesla-q4-2019-earnings results-profit-revenue-model-3 https://thenextavenue.com/2020/06/10/teslas-model-3-profit margin-is-35-and-it-can-double/ https://theconversation.com/the road-to-electric-vehicles-with-lower sticker-prices-than-gas-cars-battery-costs-explained-137196 Based on the discussion in these articles and economic theory from Module E2, a) explain the important role of economies of scale on the production of EVs. [suggestion: 250 words or less] [2 marks for quality of explanation] b) draw an appropriate diagram to illustrate and explain in some detail the profitability of Tesla's Model 3 sedan over the second half of 2019. [suggestion: 400 words or less] [4 marks for diagram + 5 marks for quality of explanation] c) Do a bit of extra research and provide a commentary on Tesla's ability to accelerate EV profitability and gain more market share (and demand) in the foreseeable future. [suggestion: 400 words or less]