Problem 2. Productivity Analysis

Using the following information for Tesla, Porsche, and BMW, answer the questions below.

	Tesla Motors2,3
	2013	2014	2015	2016	2017
Cars Produced	22477	31655	51095	76230	101312
Employees	6000	10161	13058	17782	37543
	Porsche4
	2013	2014	2015	2016	2017
Cars Produced	165080	203097	234497	239618	255683
Employees	19456	22401	24481	27612	29777
	BMW5
	2013	2014	2015	2016	2017
Cars Produced	1655138	1811719	1905234	2003359	2088283
Employees	110351	116324	122244	124729	129900

Table 2. Competitor Production Summary

1. Complete the table below by computing the Labor Single Factor Productivity for each of the vehicle manufacturers for each year.

Labor Productivity	2013	2014	2015	2016	2017
Tesla
Porsche
BMW

2. Assess Tesla's competitiveness compared to Porsche and BMW based on labor productivity.

3. Tesla stated that its goal was to expand production to 500,000 vehicles in 2018.⁶ Calculate its Labor Productivity if that were to occur at its current level of employees and comment on how it would compare to Porsche and BMW's current productivity.