To research and develop fully autonomous self-driving technology

Operational Step	Responsible Person	Timeline
Develop software that can interpret sensor data and make driving decisions	Tesla's engineering team	Ongoing
Build and test autonomous vehicles in real-world conditions.	Tesla's engineering team	Ongoing
Integrate self-driving technology into Tesla's existing vehicles.	Tesla's engineering team	Ongoing

• To design and manufacture high-performance electric vehicles

Operational Step	Responsible Person	Timeline
Develop new battery technology that can store more energy and charge faster.	Tesla's engineering team	Ongoing
Design and manufacture new electric vehicles that are more efficient and powerful.	Tesla's design and manufacturing teams	Ongoing
Expand production capacity to meet growing demand.	Tesla's manufacturing team	Ongoing
Launch new electric vehicles into the market.	Tesla's sales and marketing teams	Ongoing

• To expand the company's global footprint

Operational Step	Responsible Person	Timeline
Build new factories in different parts of the world.	Tesla's facilities team	Ongoing
Open new showrooms and service centers in different markets.	Tesla's sales and marketing teams	Ongoing
Expand Tesla's delivery network	Tesla's logistics	Ongoing
Make Tesla vehicles available in more countries.	Tesla's sales and marketing teams.	Ongoing

Project Objective 1: To investigate and create completely autonomous self-driving technology.

It will take a lot of time and money to build fully autonomous self-driving technology, which is a determined and complex project. In this regard, Tesla is making great strides, and the business is set to take the lead in the advancement of this technology. To create fully autonomous self-driving technology, several important issues must be resolved. These difficulties consist of sensor technology. For self-driving cars to sense their environment, they must be outfitted with a range of sensors, including lidar, radar, and cameras. Rain, snow, and fog are just a few of the many weather situations in which these sensors must function. A self-driving car's control software must be able to comprehend sensor data and make decisions about how to drive in real time. This software must be extremely dependable because any mistakes could have critical implications.

Project Objective 2: To design and produce high-performance electric vehicles.

Building high-performance electric cars is a vital component of Tesla's goal to hasten the global switch to renewable energy. There are several benefits that electric vehicles have over conventional gasoline-powered automobiles, such as lower operating costs. Since they don't need to have their gasoline or oil changed, electric vehicles usually have much lower operating costs than gasoline-powered vehicles. Improved performance: Electric vehicles can accelerate quickly and provide instant torque. Reduced environmental impact: Electric vehicles produce zero tailpipe emissions, which helps to improve air quality and reduce greenhouse gas emissions. When it comes to the creation of high-performance electric cars, Tesla has led the way. 2008 saw the launch of the Tesla Roadster, the company's first car with a 245-mile range. The Model S, Model 3, Model X, and Model Y are just a few of the high-performance electric cars that Tesla has since delivered. Tesla's automobiles have received accolades for their functionality, features, and range. Additionally, the company has been able to continuously reduce the cost of its cars, making them more accessible to a larger group of customers.

Project Objective 3: To increase the company's worldwide footprint.

To fulfill its long-term drive of becoming the world's top producer of electric vehicles and accelerating the global switch to sustainable energy, Tesla must increase its global presence. Tesla can boost sales, get access to fresh talent and resources, and improve its reputation as a brand by entering new markets. The following are some of the main advantages of growing the business internationally and increasing sales. Given the growing global demand for electric vehicles, expanding into new markets can result in a significant increase in Tesla's sales volume. Access to new talent and resources: Growing into new markets can give Tesla access to new talent, including engineers and manufacturing workers, as well as new resources, including raw materials and manufacturing facilities. Strengthened brand reputation: Growing into new markets can help Tesla become a more well-known and respected company globally.

Based on your prior research, determine potential risk factors for not meeting each of the project objectives.Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk4 - Apply: Project Plan assignment.

Create a 12- to 14-slide presentation with detailed speaker notes and visuals on every slide in which you:

• Identify the organization's information presented in Wk1.
• Synthesize the SWOT analysis and market trend research.
• Explain how the project objectives will advance the organizational goals.
• Assess how success will be measured.
• Evaluate the value this project will bring to the organization.
• Identify project metrics, timelines, and responsible parties.
• Develop a contingency plan for each of the potential risk factors for not meeting each of the project objectives.