Question

What is Tesla's strategic situation?

What is Tesla's strategic situation?

Homework Answers

Answer #1

Tesla can use differentiation strategy and focus strategy to adopt a competitive advantage in the organisation.these two approaches can act as the generic strategy for Tesla and can help a lot Tesla compete against its competition in the market, keeping in mind the comparative advantage this strategy would provide it. Differentiation strategy would be allowed Tesla to have a unique place in the market and be different from others by giving the customer the differentiated products and services from others. The focus strategy would allow Tesla to do proper focus over the certain essential things.

The possible assumptions may include sustainable development using eco-friendly and environmentally friendly products in its working as the main focus of Tesla is on being the environment hospitable to promote and encourage the sustainable development and sustainability.

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