Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 70 , 08 January 2024
Open
Access | Article
SWOT Model Analysis of Tesla Company
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Abstract
Tesla has not only made breakthroughs in products, but also played an active role in the field of sustainable development and environmental protection. The company's vision is to move the world towards a more sustainable and environmentally friendly future, with less reliance on fossil fuels. This paper delves into Tesla, Inc.'s strategic approach towards innovation and sustainability. It conducts a comprehensive case study of Tesla's Gigafactory in Nevada, dissecting Tesla's operational methods and underlining its dedication to large-scale sustainable manufacturing. By juxtaposing Tesla's practices with industry norms, the paper reveals how the company's groundbreaking initiatives are not only revolutionizing the automotive sector but also establishing new benchmarks across various industries globally. Additionally, the research scrutinizes Tesla's product portfolio and renewable energy endeavors, spotlighting the diverse strategies employed by Tesla to propel the global shift towards sustainable energy and transportation solutions. In terms of qualitative analysis, we delved into a comprehensive case study of the Nevada Gigafactory, conducting interviews with key personnel and conducting on-site observations to gain insights into Tesla's operational strategies. On the quantitative front, we made use of exclusive datasets to compare Tesla's performance metrics with industry benchmarks.
Keywords
SWOT model, Tesla company, new product
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-271-8
- ISBN (Online)
- 978-1-83558-272-5
- Published Date
- 08 January 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/70/20231649
- Copyright
- 08 January 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited