Business Analysis and Future Development of an Electric Vehicle Company--Tesla

DOI

10.2991/assehr.k.211020.188How to use a DOI?

Keywords

Tesla, ECS, Industry development, Electric vehicle

Abstract

The boom in electric vehicles in recent years has caught the attention of many companies that are investing or will be investing in the industry due to the increasing demand for electric cars. Tesla as a leader of the electric vehicles (EVs) industry, its development is of vital significance for referential value. Previous research on electric vehicle acceptance and behavioral intention of purchase is comprehensive, which could enable the EVs industry to understand consumer psychology. However, there is little analysis of the business strategy and future development of specific companies. When it comes to sustainability, almost every company has a path that is best suited to. This paper presents a comprehensive review of the historical background of Tesla, followed by in-depth states on its current strategy and future analysis. Given recommendations on its future development, Tesla could engage more in other different industries to increase the source of revenue and invest more into the development of autonomous public transportation, such as electric car-sharing services (ECS). These will help Tesla move steadily into the next stage.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Xuan Shao
AU  - Qin Wang
AU  - Haoyi Yang
PY  - 2021
DA  - 2021/10/21
TI  - Business Analysis and Future Development of an Electric Vehicle Company--Tesla
BT  - Proceedings of the 2021 International Conference on Public Relations and Social Sciences (ICPRSS 2021)
PB  - Atlantis Press
SP  - 395
EP  - 402
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211020.188
DO  - 10.2991/assehr.k.211020.188
ID  - Shao2021
ER  -