Question

What are the factors that determine competitive success in the local market for Tesla?

Answer 1

The competence of the business of Tesla in the home or the US markets would be for:

· The American’s concern about the carbon emission and climate change is very high to make the Tesla work with a great repute,

· The interest of the people has made the quality of the car to improve with time and the business was made very popular in the local markets,

· The use of Rechargeable batteries with 400 miles of mileage with one charge made the use of fuel that is causing pollution to be replaced,

· The cost is high but the business has been of good repute for the local market,

· The research and development based on the competitive success of the brand of Tesla for its competences.

· The lesser competition, as well as the brand's abilities to give a well-researched product to the local market, makes Tesla’s business.