Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)

Research on Influencing Factors of Tesla Pricing Strategy

Authors
Yi Zhou1, *
1Business School, Nanjing Normal University
*Corresponding author. Email: 15180238@njnu.edu.cn
Corresponding Author
Yi Zhou
Available Online 29 April 2022.
DOI
10.2991/aebmr.k.220405.021How to use a DOI?
Keywords
Tesla; Pricing strategy; Factor analysis; New energy vehicle
Abstract

In recent years, the new energy automobile industry has developed rapidly and has achieved world-renowned development achievements. As one of the important companies in the new energy automobile industry, Tesla has been increasing its car sales year by year since entering the domestic market, and its market share is ahead of other new energy automobile manufacturers. A detailed discussion of Tesla’s pricing strategy has important practical significance for understanding its industry competitiveness and regulating the development of the new energy vehicle industry. Based on the development status of Tesla after entering the Chinese market, this article analyzes the factors that affect Tesla’s pricing strategy from the three aspects of cost, policy, and market competitiveness that affect Tesla’s pricing. The research results show that cost factors, policy factors and market competition factors have a significant impact on Tesla’s pricing strategy. This paper discusses the countermeasures to improve automobile pricing mechanisms. This research is helpful to the rise of China’s new energy vehicle industry, especially the pure electric vehicle industry.

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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Volume Title
Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 April 2022
ISBN
10.2991/aebmr.k.220405.021
ISSN
2352-5428
DOI
10.2991/aebmr.k.220405.021How to use a DOI?
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.

Cite this article

TY  - CONF
AU  - Yi Zhou
PY  - 2022
DA  - 2022/04/29
TI  - Research on Influencing Factors of Tesla Pricing Strategy
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 107
EP  - 114
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.021
DO  - 10.2991/aebmr.k.220405.021
ID  - Zhou2022
ER  -