8/10/2019 Company Analysis: Tesla Motors Global Challenges and Recommendation

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8/10/2019 Company Analysis: Tesla Motors Global Challenges and Recommendation

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Recommendations

1. Producing lithium ion batteries in their own Giga-factories will help reduce

their cost drastically

2. Increasing their scale of manufacturing will not only help lower the

manufacturing cost, but also help Tesla fulfil the market demand

3. Increasing the battery capacity and shortening the charging period will make

driving Tesla more convenient

4. Addition to that, adding a solar panel on the roof of Tesla cars can also help

minimize the battery issue

5. And the most important, to achieve the goal of producing 500000 cars by

2020, following a rational goal model of management is not only crucial, but

imperative.