Question

. What is(are) the reason(s) why it is important that Tesla address these STRATEGIC CHALLENGES or ADVANTAGES?

Answer 1

Tesla is the growing and developing company in the world, which has established its operations worldwide. The company uses sustainable measures to continue the operations for efficiency and productivity. The company also faces the challenges to these operations and manufacturing processes. Many stakeholders, including the consumers and the employees, criticize the measures of the company. The company uses different strategies for the manufacturing of vehicles and electric cars. Many stakeholders are in favor of standard cars that run on petrol or diesel. It is because the stakeholders only focus on their profits, and not the social responsibility. Hence, the consumers and employees criticize the strategies. The electric cars do not yield profits more than the companies manufacturing the simple, and standard cars. The stakeholders do not favor sustained measures because they are complex and difficult to adopt. The companies' employees are also against the use of the latest technology and innovation in the sector. Hence, it might also hamper the growth and development of the company. It also leads to a lack of development of skills on an individual basis. Hence, the stakeholders must understand the advantages of the sustainable measures that Tesla adopts. These measures provide increased efficiency and effectiveness to the company. It will also subsequently increase the gains of the company, and also the stakeholders.