Tesla SWOT Analysis for Singapore Students

The name Tesla is widely heard and known. here we will cover the Tesla Inc: Overview, Tesla’s Strengths, Tesla’s Weaknesses, Opportunities, Threats to Tesla, etc.

A Tesla SWOT Analysis Essay is an excellent way to analyze the strengths, weaknesses,  and opportunities for change within a company. This example essay will be very helpful for Singapore students who are looking to download it or have their custom-made essays according to what they need at school/college level; while instructors may find this type of assignment useful as well in order teach out different perspectives through case studies like this one on Telsa Motors!

Introduction- Tesla SWOT Analysis for Singapore Students

All of us know it as innovative and futuristics EV carmakers. However, do you know which internal and external factors affect a brand’s performance? We will answer this question and all of the other related doubts here. For this sample essay, we shall be carrying out a SWOT analysis of Tesla.

Moving on, this is quite important for singapore students of management. For the same reason, we shall be providing all the necessary information related to the topic. Thus, we shall be starting our discussion by looking at the definition of “Tesla Inc”. After this, we shall be looking at different factors of SWOT. So, without further adieu:

Main body- Tesla SWOT Analysis for Singapore Students

1. Tesla Inc: Overview

“Tesla Inc.” was originally a Silicon Valley-powered American EV startup. It was established in Palo Alto, California in the year 2003. Today, it is one of the largest EV manufacturers if not the largest. Moreover, the brand was named after the late inventor and scientist of Serbian-descent “Nikola Tesla”. The reason being the innovation-oriented nature of the brand which is inspired by the late scientist.

Nevertheless, Tesla is currently being lead by the CEO “Elon Musk.” One might also recognize him as one of the richest men in the world. He is one of the key catalysts to Tesla’s success. However, Elon Musk is not the founder of the company. The original founder of the brand is Martin Eberhard and Marc Tarpenning.

Furthermore, this organization is a major topic of discussion among business enthusiasts and automobile lovers alike. Thus, this SWOT analysis shall provide further information related to the brand.  It shall include all the important factors and affecting the Tesla Business model. As we are carrying out a “SWOT” analysis, we shall be divided the article into its four factors. Namely: strength, weakness, opportunities, and threats. Therefore, without further adieu:

2. Tesla’s Strengths

We shall start your analysis by looking at the “strengths” of the EV brand. Consequently, this section shall include all the positive aspects that make Tesla what it is today.

Moving on, the points that shall be discussed below takes into consideration the company’s profitability, popularity, expansion, and so on. Therefore, these shall factor are, as mentioned below:

Tesla is a top employer

It is a known fact that an organization is only as good as its employees. In this case, the same is one of the key contributing factors to the brand’s success. Moreover, Tesla is considered to be an ideal company for singaporean  employees. Reason being that it has diversity as well as innovation-oriented workplace culture.

Consequently, the brand attracts talent from all around the world. For the same reason, Tesla was also awarded the title of “Best employer” in 2019.

It is an industry-leading company

Even though Tesla has had several problems, its sales have only gone upwards. In fact, in 2019 alone the brand sold as many as 367,500 EV vehicles. Another contributing factor to the success is the brand’s benchmark innovation and luxury.

Tesla’s EV cars are Best-in-class

It is safe to say that Tesla’s EV cars are best-in-class and no other car comes even close to it. In addition to luxury, these cars also offer an impressive range for an EV.  In fact, Tesla offers the best range in the segment of 600 Kilometers on a single charge.

3. Tesla’s Weaknesses

In contrast to strengths, there are several weaknesses in an organization too. Thus, the second factor of the SWOT deals with identifying the subject’s weaknesses. Consequently, we shall be discussing the shortcomings of the brand. These factors may affect Tesla’s competitiveness as well as business growth in a negative manner.

Moving on, the weaknesses of Tesla are, as mentioned below:

Complicated manufacturing process

WIth higher innovation and technological advancement, also comes mechanical complications and other risk factors related to production. Similarly, Tesla has faced several difficulties regarding the launch, manufacturing, as well as production of new cars and other products.

Inability to meet demand can affect brand value

Quite similar to the last section, Tesla’s vehicles are quite complex and time-consuming to produce. In addition to this, Tesla’s methods are quite experimental and equally complicated. For the same reason, the brand may face disrupted supply and demand, not being able to meet the manufacturing demands.

Shortage of batteries

Lately, Tesla has accepted that its production rate has decreased dramatically due to the limited supply of batteries.  Consequently, an electric vehicle can not be produced without batteries and this affects the sales of EVs as well as energy storage systems.

Buy high-quality essays & assignment writing as per particular university, high school or college by Singapore Writers

Get A Free Quote

4. Tesla’s Opportunities

The third section of a SWOT analysis is “Opportunities”. Thus, this section shall discuss the different opportunities that are available to an organization.  Moreover, these are external factors. Consequently, it can affect and improve Tesla’s business performance, organizational structure, growth in Signapore, and so on.

Moving on, these opportunities and chances available to Tesla are, as mentioned below:

Expansion into untapped Market

Tesla has a huge untapped market in front of it. In fact, the Asian market is considered of largest opportunity for any EV manufacturer. The reason being that this market is still relatively unsaturated in terms of EV automotive and renewable energy.

Affordable EV vehicles

Now, Tesla’s EV cars are expensive, and rightfully so. Reason being that they do not follow conventional methods and are highly innovative. Thus, innovation requires as much financial backing as it can get in order to develop new technologies.

Consequently, introducing more affordable vehicles can considerably boost Tesla’s sales in any given market.

Market’s support to Tesla

As the title suggests, Tesla Inc. is sought after by investors. Hence, it is safe to say that the brand has considerable market support in Singapore. In fact, the stock market has been showing much confidence in Tesla following recent growth. Consequently, the brand’s stocks have doubled.

5. Threats to Tesla

The last factor of the SWOT analysis is “Threats”. These factors often hamper a company’s ability to take advantage of previous sectors i.e. strengths and opportunities. Similarly, in this section, we shall be discussing the threat factors to Tesla inc.

Moving on, these factors are, as mentioned below:

Liability Claims

Regardless of the brand’s quality assurance and high production standards, Tesla is facing several liability claims. Consequently, it significantly affects brands’ financial treasury.

Moreover, one of the features of EVs “autopilots” does not always perform as expected. Thus, the company has to face lawsuits and claims regarding the same. Nevertheless, if the same situation goes on Tesla may face a financial crisis.

Defects in products

Again, due to the complex mechanical nature of EVs, Tesla’s cars on several occasions have exhibited defects. Furthermore, these flaws often result in weak structure, faulty design, and other unexpected problems. Consequently, it can affect a brand’s image considerably.

Customer adaptation

Any given business, not just Tesla works in accordance with the customer’s acceptance. This, if people are ready to adapt, a brand can take advantage of their innovative products. Unforutanly, despite Tesla’s top-of-the-line EVs market or the people, has not completely adapted to electric cars. Moreover, this process of adaption is long and it can pose a threat and hamper Tesla’s sales goals.

Conclusion:

Tesla is a phenomenal company that has the opportunity to grow in Singapore if they focus on their strengths and weaknesses. They should also use this SWOT analysis for future goals of expansion into the Asia Pacific, either through franchising or more localized manufacturing plants.

We provide the best assignment help in Singapore at the most affordable rates

Who can I pay to do my case study for me? We get this question a lot. Thus, we provide the best Assignment help in Singapore at the most affordable rates. Through our services, you can hire Singapore assignment helpers online. Regardless, we can also help you with case studies, essays, articles, thesis, project work, and many more.

Furthermore, you can also buy business essay assignment samples through our services. In fact, we can even write such an essay for you. Plus, you don’t have to worry about being late. For we always deliver within the assigned deadline. On top of that, all of our work is 100% plagiarism-free. Thus, we are renowned as professional essay writers, Singapore has to offer.

Moreover, if you want to read more sample essays like this, You may visit our website where you can find several different samples covers various subjects. For exampleAllbirds SWOT Analysis, Swot Analysis of TPG, Essay Sample on SWOT Analysis for Risk Assessment, Situation Analysis of the Company, Implementing a Project Risk Management System, and many more. You can avail all of our services anytime. So reach out to us through our 24/7 customer service.