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August 28, 2023

With the current push to change from gas run vehicles to electric vehicles, along with the threat of new entrants into the electric vehicle market, what strategy would you recommend to Tesla to stay competitive in the electric vehicle market?

Read the following article about Tesla. Answer the following prompt with a one page paper.

With the current push to change from gas run vehicles to electric vehicles, along with the threat of new entrants into the electric vehicle market, what strategy would you recommend to Tesla to stay competitive in the electric vehicle market?

Most valuable automotive brands worldwide by brand value 2022Published by StatistaResearch DepartmentLinks to an external site., Jun 16, 2022

The Tesla marque was ranked as the world’s most valuable car brand in 2022, with a brand value of roughly 75.9 billion U.S. dollars. Toyota, 2020’s leader, is now the runner-up, followed by Mercedes-Benz.

Requirements: 1 page

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