(Get Answer) – Strategic management | Business & Finance homework help
Please read case study and help answer the following questions: Only one page per question. 4 pages Max not including reference page.
1. What business model is Tesla pursuing? How is Tesla’s business model different from traditional car manufacturers?
2. In which stage of the industry life cycle is the electric vehicle industry? What key strategic initiative would be most important at this stage of the industry life cycle?
3. Apply the Crossing-the-Chasm Framework to explain some of the challenges Tesla is facing and provide some recommendations how to overcome them.
4. What problems are Tesla encountering in the Model 3 production? Why should that matter? How should Musk address them?