Orders have picked up for the TESLA CYBER Trucks, tracking at over 500,00 from around a few thousands just a couple of years back. The company expects to have 2022 production sold out soon and believes the first 12 months of production could be sold out by the end of this year. The company is on track to launch the model by mid-2022, having now sourced virtually all of its components, providing better cost visibility versus a few months ago. This has also provided added confidence around the 25% -30% gross margin target for the program. With Tesla working successfully though many key design risks, Goldman now sees increased focus on managing vendor risk and large scale production. While the Sleek Model production target remains at 100,000 for 2021-22, Tesla is configuring their Fremont facility as well as a new facility in Canda to manufacture many more units on one shift per year, as opposed to a smaller capacity originally planned, in order to maximize upward production flexibility. The company has completed the build-out of numerous drivable "alpha" prototypes and expects to produce preproduction "beta" prototypes in the fall which will be shown to the public. However, there are other EV Trucks productions facilities are popping up including Amazon's recent orders for 100,000 vehicles for themselves placed with Rivian, as well GM, Ford are also going to release EV Trucks in the market

Describe the market structure that Tesla is in particularly in the Trucking Business. Identify at least 3 key indicators (use Porter's Principles) that Tesla should be monitoring in establishing herself as a leader in the EV (electric vehicle) market.What, in your opinion Tesla should be thinking? Whether to merge with say Toyota? Nissan? GM? And the likes? Or go on its own? explain

2. Define and Illustrate the Following:

1. Nash Equilibrium (Construct two stratgies)

Cartel -like Oligopoly