Question

In recent years Volvo ,Jaguar and others have made serious long term commitments into alternative energy...

In recent years Volvo ,Jaguar and others have made serious long term commitments into alternative energy vehicles. Given this and the many companies lining up for this market does Tesla have a chance in the global market? Why or Why not?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ages ago, Nikola Tesla had found that the radiance of the sun, could be used by the mankind in the form of alternative energy. Today, the organization Tesla, in today’s era, that is known for its integrated sustainable energy Organization, is known for its clean energy products. These products use alternative resources that are renewable in nature. Solar panels, Solar roofs, solar batteries for cars, etc. are few of the solar products that Tesla manufactures with the help of ‘Sun rays’ as its major input.

However, of late, Tesla is losing the competition to the rivals especially in the solar power arena. In fact, the company also lost its title of being the residential solar roofs leader to its rival, Sunrun Inc. even in the commercial installation space, although Tesla is still considered to be the leader but the figures have declined since the previous few years, thereby being a concern to the Organization. In fact, very recently, Tesla has also announced to shift its physical stores to the online medium for all its products, starting from Cars to the Batteries running on solar energy. Therefore, there could be lesser chance for Tesla in the global market.

Add a comment
Know the answer?
Add Answer to:
In recent years Volvo ,Jaguar and others have made serious long term commitments into alternative energy...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • In recent years, public universities have experienced major budget cuts due to reduced funding from their state governme...

    In recent years, public universities have experienced major budget cuts due to reduced funding from their state governments. These budget cuts usually occur at the most inopportune time—during the school year when contractual commitments with faculty and staff had been signed, programs had been planned, and students were enrolled and taking classes. Required: Should the administration be “fair” to all affected and institute across-the-board cuts whenever the state announces a reduction in funding? If not across-the-board cutbacks in programs, then...

  • You have recently been hired by Swan Motors, Inc. (SMI), in its relatively new treasury management...

    You have recently been hired by Swan Motors, Inc. (SMI), in its relatively new treasury management department. SMI was founded 8 years ago by Joe Swan. Joe found a method to manufacture a cheaper battery with much greater energy density than was previously possible, giving a car powered by the battery a range of 700 miles before requiring a charge. The cars manufactured by SMI are midsized and carry a price that allows the company to compete with other mainstream...

  • Q General Motors in China In November 2018, General Motors, America's largest home-grown auto- mobile manufacturer,...

    Q General Motors in China In November 2018, General Motors, America's largest home-grown auto- mobile manufacturer, announced it would close three assembly plants in the United States, laying off about 5.600 employees. All of these plants made passenger cars that had fallen out of favor with U.S. consumers. who preferred to purchase sports util- ity vehicles and pick-up trucks. Jvdwort/123RF President Donald Trump, who has made the revival of traditional U.S. manufacturing industries one of his major goals, quickly tweeted...

  • In the midst of the recent development of a potential trade war, the attached WSJ article...

    In the midst of the recent development of a potential trade war, the attached WSJ article “Just     How Good Is Globalization” is worth revisiting. Summarize the article in about 250 words.     What is your opinion of globalization? Wall Street Journal January 25, 2007; Page A10 Just How Good Is Globalization? Question Is Pondered By Key Leaders Amid Workers' Worries By MARCUS WALKER                                                                       Davos, Switzerland The business and political leaders who gather every year at the World Economic Forum...

  • In the recent years, Bharat Point Corporation has emerged as a very successful merchandiser of contemporary...

    In the recent years, Bharat Point Corporation has emerged as a very successful merchandiser of contemporary fashion apparel for men and women. The company publishes a high quality catalogue that it sends to prospective customers, who then place order by mail or by using a toll-free telephone number. The customer base consists principally of young working couples. Children are not included as potential customers. The young working couples also receive catalogue from competitive firms such as ABC Ltd., etc. Though...

  • question: The Federal Reserve’s strategy will require changing the money supply. How does the Federal Reserve...

    question: The Federal Reserve’s strategy will require changing the money supply. How does the Federal Reserve do this, and how (and why) does this affect interest rates? You walk into the offices of Global Private Bank early in the moming on February 2nd, 2006. You are employed by the bank to market proprietary financial products to moderate to high net worth customers. Going into the break room to grab a cup of coffee, you flip on the TV to CNBC...

  • In recent years, social media have become pervasive throughout society. No one can deny that social...

    In recent years, social media have become pervasive throughout society. No one can deny that social media have completely changed the context of privacy, shaping and reshaping relationships, exaggerating ideals of sharing, and reconstructing daily routines in order to visit one’s online friends at least once a day. Thanks to social media, people can now share every detail about the most mundane things in life. Updating where you are at any given moment alerts your friends to what you are...

  • Read Mini-Case #22 entitled, “ Does GM’s Future Lie in China? . Consider the implications of...

    Read Mini-Case #22 entitled, “ Does GM’s Future Lie in China? . Consider the implications of this case and apply what you have read to the following questions. How important are non-U.S. sales to GM? What implications does this have for GM’s global and business strategy? Think about the integration-response framework to inform global strategy and different strategic positions to inform business strategy. In 2014, GM held almost 15 percent market share in China, while Ford held only 3 percent....

  • Greetings from the real economy. I’m Steve Lohr, a tech reporter for The Times, and I...

    Greetings from the real economy. I’m Steve Lohr, a tech reporter for The Times, and I tend to focus on the effects of technology beyond Silicon Valley. No question, the Valley is a wellspring of innovation and home to the ascendant digital corporate giants, both feared and admired. But it’s just a sliver of the $20 trillion American economy. Technology is only a tool in service of greater ends, and those ends presumably extend beyond creating billionaires and enriching investors....

  • For half a century, Seiko has been one of America's best-known watch brands. In good years...

    For half a century, Seiko has been one of America's best-known watch brands. In good years and bad, Seiko quartz watches have been a fixture of the mid-range ($100 to $500) of the vast U.S. watch market. Since 1967, when Tokyo's K. Hattori & Co. set up Seiko Time Corp. in New York, Seiko has been the company's hero brand here. Not anymore. In a major strategic pivot, Seiko Watch Corp. (SWC) in Tokyo, successor to K. Hattori & Co.,...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT