Tesla Inc. Electric car company Founded in 2003, with Elon Musk as the CEO History • 2008 tesla launched and unveiled the Roadster • 2012 tesla unveiled the model S • tesla model X was announce in 2015 • tesla model 3 was announced in 2016 as a more affordable electric car for the masses Elon Musk vision on automotive industry that disrupted vehicle Market. Tesla main goal is to speed up the transition to sustainable energy. The Tesla model S,X, and the Roadster were attempts to introduce electric cars to the masses, and show that electric cars are the future. The benefits of using a completely electric car vastly outweighs the benefits of gasoline power cars. Electric cars don't have a carbon footprint because it uses the energy from the sun to power itself. The cost of charging a Tesla car is far less than paying for gas. Tesla performance Against Competitors Competitor Analysis Tesla 4P’s to Conquer MKT & Alternatives TESLA 4P’S MKT STRATEGY Tesla’s Alternatives 1. Increase investments for product innovation(R&D) 2.Diversify the supply chain to reduce supply-side risks 3.Expand operations in foreign markets to exploit the global growth of the renewable energy industry. Ansoff Growth Matrix & BCG Matrix Ansoff Growth Matrix Market penetration-Sale products to US and other 35 countries Product development.-lithium Battery ,Growth in car Models production Market development- Exploring to enter India Diversification-Tesla Motor Inc.to Tesla Inc. Acquired SolarCity to enter Energy Storage BCG Matrix Model 3 belongs to the question mark category of the BCG matrix. Model S belongs to the star category of the BCG Matrix Model 3 in the Dog category of the BCG matrix. The ZEV credits or Zero Emission Vehicle credits can belong to the cash cow for Tesla Recommendations Tesla must improve its multinational presence by focusing in alternatives. Investment highly on research and development (R&D) Develop accessible supercharger networks worldwide Completion of pending project-new battery plant in Nevada before engaging in new projects Diversify electric car models- cheaper prices Improve sales and distribution strategy