Any car company addresses the needs and requirements of the number of customers who may have varied requirements. These requirements may vary in term of technology used in the car, product price, features and other elements of the product. The company such as Tesla that is highly focused on providing superior products to the customers must have a wide variety of the product lines to offer its target customers so that it can cater to the varied demand and needs of the customers.
If the company has a very limited or narrow product line, it will fail to fulfill the requirement of all the customers and it may lose some of its revenue to the other competing firms which are offering the products matching to the need of the customers.
Thus it is obvious to state the Tesla must increase and improve its product line
Should Tesla be concerned about the increased competetion it will soon face from all the major automobile manufacturers that are scheduled to introduce new models of electric vehicles in 2019-2020 and beyond?
QUESTION 30 Based on current production plans, Tesla will produce the Model 3 sedan at a marginal cost of $30,000 per car and earn marginal revenue of $35,000 per cat. How should Tesla adjust this plan in order to increase profits? A. Increase output B. We do not have enough information to answer this question C. Decrease output D. Do not change planned output
Tesla wanted to determine the average miles per kWh that their vehicles get across all models and variations. They took a sample of 100 of their vehicles and recorded the resulting data. Assume that the true population mean is 35 kWh and that the population standard deviation is 4. Determine the correct mean and standard deviation for the sampling distribution.
The President of Tesla was really impressed by your analysis on market reactions and wants more (of course, he’ll pay you more!). He recently told his management team to do some research and find a fix for the autopilot system and analyze any option for a minimum five-year period. The management team has found a company that can provide an improved computer. With this improvement, the management team believes the company’s revenues will increase in the first year by $25...
When estimating linear regression models with more than one predictor, how should one assess model fit? How does this differ from the simple linear model with one predictor?
Using supply analysis, explain how is supply applied in the article below about Tesla.? Thank you so much for your help. Factors Affecting Supply (Tesla) The Cost of Production and Cutting Off Unprofitable Vehicle Models In January of 2019, Tesla cut 7% of its workforce to ramp up production of its Model 3 sedans, reducing the price of its products and boosting margins. At the same time, the company discontinued the cheapest versions of its Model S sedans and Model...
2) Find the current in amps to produce a magnetic field 3 of 02.67 Tesla at a position r = 2.25 m away from a long wire carrying the current I. Hint: The equation given in Chapter 18 is B = 1 21r' 31 You lift a 100 lh sack of salt from the avond to the bed of a tu z of L
One of the complaints about Tesla cars is the cost of the cars. A Tesla Model S costs $75,000, while the Model 3 costs $35,000. One reason that the Model 3 costs less is because Tesla produces many more Model 3's than Model S's. This is an example of Group of answer choices Increasing Returns to Scale Decreasing Returns to Scale Constant Returns to Scale Network Economies of Scale
OUESTION 2 a) Consider a country in isolation, producing where MR, exceeds the MRS%" Should ¼. Should the country produce more of good X, or more of good Y? It helps to show the situation graphically. (10 Points) What will happen to the MRT and the MRS as a result of producing more of the good that b) you indicated in part (a)? (5 Points)
OUESTION 2 a) Consider a country in isolation, producing where MR, exceeds the MRS%" Should...
what are some concerns in case products should Tesla be especially with Japan and China focusing on similar producuts? what are the experts telling us to ward off competitors?