What PESTEL factors supported Tesla’s success? Which factors posed challenges? 2. How has Tesla’s strategic position changed since it was founded in 2003? 3. What kind of responses would you expect from Tesla’s rivals in the automobile manufacturing industry to the Model 3’s popularity

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section: Chapter Questions
Problem 2CTQ: How has Teslas strategic position changed since it was founded in 2003?
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1. What PESTEL factors supported Tesla’s success? Which factors posed challenges?
2. How has Tesla’s strategic position changed since it was founded in 2003?
3. What kind of responses would you expect from Tesla’s rivals in the automobile manufacturing industry to
the Model 3’s popularity?

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