Global Warming-
The majority of the world is in agreement that Global Warming is real. Gasoline powered cars are some of the biggest producers of greenhouse gasses, one of the main causes of Global Warming. This bodes well for Tesla as they are trying to perfect electric cars in this day and age, where most people are trying to be green and are more aware of the environment. This is an opportunity for them because selling electric cars right now is much easier than trying to sell the same car 40 years ago, simply because people are more aware of the environment and are willing to pay more. With the Tesla S, people can buy an electric car that is fast, luxurious, and doesn’t produce greenhouse gasses.
Production Costs-
Battery costs are expected to drop in the future due to economies of scale. This should help Tesla in reducing their costs on production. The price of renewable energy resources is also dropping as investments in renewable energy technology grow. The capacity of renewable energy is increasing and the costs are decreasing because of this. Tesla should take advantage of this because it will lower their costs and it will in turn allow them to sell
…show more content…
This is due to lobbying in the US where many states do not allow direct to consumer sales, meaning Tesla will keep struggling if they want to sell their own cars in their own stores and online. The “Enhanced AutoPilot” technology which is not yet installed is also causing legal issues for Tesla as they were promised but not yet implemented. Also, when something goes wrong with the “Enhanced AutoPilot” feature it will also cost tesla legal fees, time, and effort to handle the lawsuits. Tesla is going to need to deal with these threats in the near future if they are to succeed as an automobile company, the slowing down of sales and litigation costs will be too much of a hindrance in the