The Impact of Strategic Alliance on Corporate Performance: Evidence from Tesla

DOI

10.2991/aebmr.k.220603.036How to use a DOI?

Keywords

Tesla; Panasonic; Strategic alliance; Corporate performance

Abstract

Nowadays, issues like sustainable development and clean energy have drawn the attention from all walks of life. As a result, the electric vehicle industry is developing ever rapidly, and one of the most successful manufacturers of electric vehicles, Tesla, has caught people’s sight. Behind the success of Tesla as a technology giant, one corporation must be mentioned, Panasonic. Having established an equity strategic alliance with each other, Tesla and Panasonic have been engaging in unprecedented research and development cooperation in lithium-ion battery technology. This essay emphasizes the impact of such strategic alliance on corporate performance from Tesla’s perspective through thorough business analysis and financial analysis. The results denote that the strategic alliance has exerted a positive impact on Tesla’s technology innovation, profitability and overall competitiveness, although potential risks including overdependence and relationship crisis have occurred to Tesla as well.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Yihua Chen
PY  - 2022
DA  - 2022/07/01
TI  - The Impact of Strategic Alliance on Corporate Performance: Evidence from Tesla
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 206
EP  - 212
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.036
DO  - 10.2991/aebmr.k.220603.036
ID  - Chen2022
ER  -