LIBERTY UNIVERSITY week 5 BMAL530_D03_202230 Choose a publicly traded company that you are familiar with. Go to the selected company’s website and look at their annual report (10k). If you prefer, you...

Tesla is US based electric vehicle and clean energy company that manufactures electric cars, storage batteries, solar panel and roof tops and smart homes. The market capitalization of tesla is 41 trillion which is huge. It is one of the world’s most valuable companies and on Forbes list (2022), company stands at rank 55 overall and 4th on “most innovative companies”. In 2020, company made the revenue of whopping $29.50 billion from auto segment and around 42 billion from energy storage and generation (Annual report, 2021).
There are four main critical factors of Tesla success –
1. Disruptive technology
2. Own supply chain network
3. Unique customer service support
4. Network of super chargers
Technology has always been a key factor of Tesla. Battery technology of Tesla is far superior than others. Company has world’s largest battery manufacturing capacity. Tesla is also world’s no 1 supplier of EV Powertrain. Currently company is supplying the parts for Toyota RAV4 EV, Mercedes-Benz A-Class E-Cell, and B250e (insideevs, 2021). So, a strong partnership with such world’s famous brands will greatly support the innovation and technology of Tesla in future that will not only generate the revenue but also help to acquire new...