Question: 1. Which PESTEL factors will be most important for the electric vehicle segment of the car industry? Do you see a future for electric vehicles
2. Looking at Porter’s five forces of competition, how would you assess the profit potential of the U.S. car industry?
3. Using the five forces model, what implications can we derive for how Tesla Motors should compete in the U.S. car industry? What would be your top three recommendations for Elon Musk? Support your arguments.
4. Draw a strategic group map for the U.S. automotive industry. What are your conclusions?
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1 Governments in many parts of the world are subsidizing purchases of electric and other highmileage cars This could help the nascent market get traction to reach economies of scale needed to compete ... View full answer
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