Question
This is a future plan for Tesla. How can we accept our financial report if Telsa does these things below? Tesla Inc which was founded
This is a future plan for Tesla. How can we accept our financial report if Telsa does these things below? Tesla Inc which was founded in 2003 was the first company to produce 100% electric cars without an internal combustion engine for traction purposes. We can identify the strategic priorities after the SWOT analysis of Tesla which allows the management to invest more time and effort in those strategic points in order to enable Tesla to flourish. Market Expansion is an important strategic priority which Tesla should focus on to ensure further progress Tesla More investment should be made in Research and development so as to reduce the cost of battery production by at least 30%. Tesla Motors should target the entry-level sector as well as the luxury car sector so that it can have a broad base of customers. The customer Loyalty program nowadays gives an edge to each motor company which even Tesla should not over-look. Advertisements should be taken good care of so as to communicate value to customers, present to the future. Diversification is required in the current supply chain so that supply is not compromised.
How can we improve the shareholders' return ratios?
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