About Tesla company. ( please include references thank you ) 5. Internal Environment: Strengths and Weakness...

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About Tesla company. ( please include references thank you )
5. Internal Environment: Strengths and Weakness within theCompany a. Determine   whether the company  has any strengths and/or weaknesses in the following areas: i.Corporate   structure ii. Corporate   cultureiii. Marketing,   finance, operations, humanresources,   information technology, etc…[In financesection you   would   need toreview   financial   statements or  any financial   information provided   in thecase. If you can   get more current   info, usethat as well.]
1. Here is where you’ll want to perform some financial analysisusing ratio analysis
2. Compare the company’s success   or lack  thereof   with its competitors
iv. Determine   which   of these factorsare   core/essential   to the  success of this   company. Use   the IFAStable,   page 161)

6. Analysis of   Strategic Factors(SWOT)
a. Based on the external and   internal  factors   that you’ve determined for this company,which   ones are key to the company’s success?
b. Based on the issues/problems that you’ve determined,  are the   current mission and   objectivesstill   appropriate? Should the mission and objectivesbe   changed? If so, how?   If   theyare changed, what will be the effects on the firm?
7. Recommended Strategy (Based on Business or Corporate Strategyconcepts)
8. Implementation
a. What step would you recommend   for management to doin order to implement your   recommendations.
b. Is your recommendation financially feasible? Why? c. Lay out thesteps   you would take   to implement

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SWOT OF TESLA Strengths 1A Top Employer Company It has recently been listed as one of the ideal places to work attracting young jobseekers with fresh talents and energy The company has also been featured in Forbes Americas Best Employer 2019 2The Leading Automotive Company Tesla has become a leading automotive brand for 2019 delivering 367500 vehicles the company has left behind some very exclusive automobile brands like Mercedes and BMW 3 Bestinclass Electric Cars Tesla has left behind every other brand in the race of the finest electric cars When compared by their range Teslas electric cars have proven to be the best covering maximum distances The recent comparison shows that Tesla occupies the top three places in terms of range The Tesla Model S will get you the furthest traveling up to 600 kilometers on a single battery charge The nearest another brand has got is the Opel Ampera with a range of 520 kilometers 4 Tesla Dominates the US Electric Vehicle Sales According to Statista Tesla model 3 is the most sold electric vehicle of 2019 with a sales number of 187971 On the second position Chevrolet Volt stands with 155477 cars sold Where Tesla model S is again on the third position with a close call having 134392 cars sold In short Tesla is topping the electric car sales chart 5 Crosssell and Diversification Tesla has launched a comprehensive insurance program for its vehicles in association with Liberty Mutual insurance company called as InsureMyTesla 6 Innovative Company Tesla has a very high rate of innovation not to forget the recent developments of worlds first fully electric semi truck and new sports car Therefore the market trust and expects the company to develop competitive and profitable products which of course leads to substantial financial gains Weaknesses 1 Manufacturing Complications The higher standard of innovation the greater will be mechanical complications and production risk factor Tesla faces continuous launch manufacturing and production ramp delays while launching their new vehicles and other products For example Tesla faced endless manufacturing challenges when they were about to launch Model X which lead to constant delays for distribution Similarly the company went through extreme troubles while manufacturing Model Xs battery module assembly line at Gigafactory 1 2 Unable to meet demand might affect brand value Due to highly experimenting and complicated procedures Tesla might face an unbalanced supply and demand unable to meet the production requirement In fact their delivery rate in the first quarter of 2019 is quite alarming The company has delivered 63000 cars in the first quarter of 2019 which is a 31 drop from last See Answer

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