Question: Recommendations - propose at least two plausible strategic alternatives that address the problems that you have identified o Strategy alternative 1 (describe the strategy and
Recommendations - propose at least two plausible strategic alternatives that address the problems that you have identified o Strategy alternative 1 (describe the strategy and explain why it is feasible) o Strategy alternative 2 (describe the strategy and explain why it is feasible) . Current Issues Facing Tesla: 1. Supply Chain Challenges: Global semiconductor shortages and disruptions in battery materials sourcing impact production rates. Logistical challenges in transporting components due to geopolitical tensions and ongoing pandemic-related delays. 2. Regulatory Hurdles: Increasing scrutiny over self-driving technology safety and compliance with varied international regulations. Emissions regulations and environmental compliance in different regions. 3. Market Competition: Growing competition from traditional automakers entering the EV market and startups with innovative offerings. Price competitiveness, especially as other companies release more affordable EV models. 4. Labor and Workforce Issues: Labor disputes and challenges related to factory working conditions and employee turnover. Recruitment and retention of skilled workers in a highly competitive labor market. 5. Technology and Product Challenges: Continuous need to innovate in battery technology and self-driving algorithms to maintain a competitive edge. Reliability and quality control issues impacting brand reputation and customer satisfaction
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