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TESLA has diversified its business by either adding a new product/service or entering a new market or line of industry. Discuss Tesla's diversified business strategy

"TESLA "has diversified its business by either adding a new product/service or entering a new market or line of industry. Discuss Tesla's diversified business strategy using below three tests.

Three tests are:

  1. The Industry Attractiveness Test
  2. The Cost of Entry Test
  3. The Better-Off Test

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