Company Analysis: Tesla Motors Global Challenges and Recommendation

Download Company Analysis: Tesla Motors Global Challenges and Recommendation

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<ul><li><p>8/10/2019 Company Analysis: Tesla Motors Global Challenges and Recommendation</p><p> 1/2</p></li><li><p>8/10/2019 Company Analysis: Tesla Motors Global Challenges and Recommendation</p><p> 2/2</p><p>Recommendations</p><p>1. Producing lithium ion batteries in their own Giga-factories will help reduce</p><p>their cost drastically</p><p>2. Increasing their scale of manufacturing will not only help lower the</p><p>manufacturing cost, but also help Tesla fulfil the market demand</p><p>3. Increasing the battery capacity and shortening the charging period will make</p><p>driving Tesla more convenient</p><p>4. Addition to that, adding a solar panel on the roof of Tesla cars can also help</p><p>minimize the battery issue</p><p>5. And the most important, to achieve the goal of producing 500000 cars by</p><p>2020, following a rational goal model of management is not only crucial, but</p><p>imperative.</p></li></ul>