Question

How do you expect Tesla's position to evolve by the end of 2020? What can Tesla...

How do you expect Tesla's position to evolve by the end of 2020? What can Tesla do to prevent imitation or entry?


(Offers a personal opinion on how Tesla is doing today, what it should do to position itself for the future, and whether Tesla can prevent imitation or entry by competitors, without offering data to corroborate the analysis. )

Homework Answers

Answer #1

Tesla's position will evolve by the end of 2020 in a well profitable stage as the sources said it has the edge over its competitors and made huge profits in this pandemic stage.

Tesla can stop imitating by its competitors by taking various actions, and these are :

Patents

Copyrights

Trademarks

Moreover, it can come with a new technique that is new to the market as it came with the new technique: electric cars and solar cars with unique features that were there and new to the entire world.

Today Tesla claims that its stocks are there, and it is too high to purchase, but overall, Tesla is still above all of its competitors such as Ford and General Motors.

Tesla needs to work upon its stock prices and needs to come with the share that is less at a price, which could be bought easily by more shareholders and needs to continuously work upon their innovative ideas to remain at first than its competitors.

Well, Tesla needs to give evidence of their performance that they are doing well and they have some resources and technology which are new to the market and has significant market share and proper positioning in terms of doing CSR also and making products which are less affecting to nature so that their imitation could not take place in the marketplace by its competitors. So for that, they have to come with a corroborate.

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