Tesla Motor Company Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Tesla Motor friendship - Research Paper ExampleThe current blood line environment is characterized by stiffening competition levels. Hooley, Piercy and Nicoulaud (2011) contend that business environments have experienced new global competitors who are entering the market due to falling trade barriers and costs of transactions through globalization. despite this, Tesla Company dominates most of the electric car markets in the fall in States. Competitive pressure has made Tesla to counselling on the dimensions of total quality management in terms of product quality, portfolios, pricing and global achiever to outdo automotive producers of Germany, Japan and Korea. The Japanese competitors include Nissan, Honda and Toyota, which are more fuel efficient and relatively affordable cars that were preferred especially during oil crises periods. Germanys Daimler and BMW are classic and produced for high-end consumers. Regardless of the cutthroat competition, Tesla Company maintains its competitive advantage through customer focused technology, outstanding fuel economy, and excellent management styles. The United Arab Emirates is one of the vast growing markets that Tesla Company can consider in its globalization endeavors.Tesla Motors Inc. was incorporated on July 1, 2003 (Hamilton, 2011). The company designs, develops, manufactures, and sells electric automobiles and powertrain components. Tesla concentrates on commercial production of federally-compliant electric vehicles such as the Tesla Roadster and Tesla manikin S. Additionally, the company designs, develops and manufactures lithium-ion battery packs, gearboxes and electric motor vehicles. Tesla is credited for having provided services and components for the development of electric powertrain to companies such as Daimler AG for its Amrt Fortwo and A-class electric vehicles (Hamilton, 2011). The company carries out its activities from the electric powertrain facility in Palo Alto, Tesla factory in Californi a.Tesla ask to partially invest in