Tesla Analysis Essay Example | Topics and Well Written Essays - 250 words

Tesla Analysis - Essay ExampleTesla continues to change magnitude limitations and make them better with each new model as envisaged in the Tesla Model S.There has been wiped out(p) allocation of research and development funds by established automobile companies to voltaic vehicles allowing Tesla a warring advantage and the success in the grocery store (Hartung, Par. 14). Tesla has the iconic CEO and founder Elon Musk to thank for access to opera hat engineers and access funds easily beating the established brands on this front especially access to talent. Tesla chose a market demographic consisting of wealthy, environmentally conscious, and educated people providing it with reputational advantage over established companies like Ford. The demographic also offers Tesla access to high margins on each car sale owing to the ability of the market segment to pay for high-performance car that sacrifices very little to efficiency.Innovation also allowed Tesla to overcome the above barr iers in the market including the introduction of direct sales to the consumers cutting expenses on dealers and the need to have networks. The opposite benefit of innovation is that the company was in a position to produce high performing electric car and with innovation it is currently continuing the provision of charging stations to meet client needs and concerns as well as develop the electric market