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BUSI 400 Case Study: Tesla Assignment (answered) spring 2023.

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BUSI 400 Case Study: Tesla Assignment Instructions Overview Develop appropriate business strategies, policies and solutions for Tesla that will create sustainable competitive advantage for the company. Case information for this question can be found on page 323 of your text. The strategic ...

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  • February 23, 2022
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  • 2021/2022
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TESLA

Strategy Formulation and Implementation

Name:

BUSI 400 – DO4

Professor Suzanne

Stem 16, 2022

Liberty University

, Strategic Plan for Tesla Inc.



Tesla Motors is a global company that designs, produces and markets, a variety of

products such as electric vehicles and solar panels. It is the only company selling zero-

emission sports cars as of now in mass production (as opposed to concept vehicles or

prototypes). “Tesla is credited with pressuring legacy automakers to accelerate plans for all-

electric vehicles, but Musk and his company also have been ahead of the curve on other

technologies, such as over-the-air software updates and localized production of battery cells.”

(Michael Wayland, 2021)



Vision



Tesla’s vision is to “create the most compelling car company of the 21st century by driving the

world’s transition to electric vehicles,” ambition is to form independent businesses that are

operated without any conventional framework. Modernization together with opportunities

represent the very foundation of the company going beyond current boundaries.

Mission



“Tesla’s mission is to accelerate the world’s transition to sustainable energy.”




Values of the Organization

“Tesla’s core values revolve around always improving their technology without sacrificing and

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