Describe in detail the challenges and opportunities of competing in the electric vehicle industry.

Tesla, Inc Case Study

Overview:
In this assignment, you need to review the Tesla, Inc. case study. The case study describes the rise of Tesla Motors, an electric vehicle company founded in 2004 by electric inventor Martin Eberhard and South African innovator, Elon Musk. The case details the motivation of the two men, their personalities, and the conflicts they went through to develop the company. It also provides an overview of the challenges and opportunities of competing in the electric vehicle space; discusses Tesla’s strategies for manufacturing, marketing, and distributing the cars; and points to key questions about Tesla’s future.

Instructions:

Review the Tesla Case Study. Also, feel free to utilize information from the Tesla videos found in Reading and Resources in this unit.

Using Porter’s Five Forces model:

Describe in detail the challenges and opportunities of competing in the electric vehicle industry.

You will need to create a section for each of the five forces when answering the question in detail.

Finally, describe Tesla’s strengths and weaknesses.