Question: Please help me base on the question to answer and write in paragraph###need the reference, citation, draw a diagram or the figure TESLA'S STRATEGIC MANAGEMENT:

Please help me base on the question to answer and write in paragraph###need the reference, citation, draw a diagram or the figure

Please help me base on the question to answer and
TESLA'S STRATEGIC MANAGEMENT: A CASE STUDY IN THE ELECTRIC VEHICLE INDUSTRY Tesla, Inc., founded by Elon Musk in 2003, has significantly impacted the automotive industry with its innovative approach to electric vehicles (EVs), energy storage, and solar technology. The company's vision to create the most compelling car company of the 21st century by driving the world's transition to electric vehicles has guided its strategic decisions. Its mission to accelerate the advent of sustainable transport has positioned Tesla as a pioneer in the EV market. The industry analysis reveals that Tesla operates in a market characterized by increasing global awareness of climate change, government incentives for EVs, and advancements in battery technology. The company faces competition from traditiona|| automakers entering the EV market and emerging EV manufacturers. Challenges include high production costs, infrastructure limitations for charging stations, and supply chain constraints. Tesla's strategic management is characterized by innovation and product differentiation, vertical integration, market expansion, infrastructure development, and a focus on sustainability and environmental impact. The company's emphasis on cutting-edge technology, such as Autopilot and long-range batteries, sets it apart from competitors. Tesla's control over its supply chain, from battery production at its Gigafactories to direct sales through its own stores, allows it to reduce costs, ensure quality, and innovate rapidly. The company's market expansion strategy has evolved from targeting the luxury market with the Roadster and Model S to reaching a broader customer base with the more affordable Model 3 and Model Y. Tesla has also invested in a global network of Supercharger stations to address range anxiety and promote long-distance travel for EV owners. lts commitment to sustainability extends beyond its vehicles to its solar energy products and efforts to reduce the carbon footprint of its manufacturing processes. Tesla's strategic management has led to significant outcomes and achievements, including market leadership, global expansion, and technological advancements. However, the company faces challenges such as increased competition, supply chain disruptions, and a changing regulatory environment. To maintain its competitive edge, Tesla must continue to adapt its strategies and address these challenges. In conclusion, Tesla's strategic management has positioned it as a leader in the electric vehicle industry. Its focus on innovation, vertical integration, and sustainability has driven its success. As the industry evolves, Tesla's ability to adapt its strategies will be crucial for maintaining its competitive advantage. You are required to provide answers in essay writing for all questions below. Separate your answers according to the LIS N Discuss how Tesla's vertical integration has impacted its cost structure and ability to innovate compared to competitors who use traditional supply chains

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