The Impact of Industrial Structure on the Performance of Tesla

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The vehicles manufactured by Tesla

The vehicles manufactured by Tesla and their ability to stay at the top of the competitive market structure have made it to be on the limelight for quite some time now. This is mainly attributed to the leadership they have and their impeccable innovative capabilities which a great majority of the players in the same industry are still struggling to learn in order to catch up. There are industrial rules that have been dictated to the firms some of which play a major role in the limitation of the firm’s capability to achieve its full potential within the market structure in terms of the strength of the brand and strategic behaviors of the employees of the company. However, Tesla in their own way under great guidance have managed to get through them despite the hardship that the aforementioned industrial rules have and are still posing.

Mastering the identification of industrial structure and characteristics

One of the key factors that the managerial team and strategy managers at Tesla have been able to master is the fact that the identification of both the industrial structure and characteristics are subject to the changes in competition. By so doing, the firm builds a strong brand that can work past the inhibitors of development and recognize its drivers. Notably, continuous development is always accrued to the frequency of the changes in the business model has proven to be dominant in the market. Also, the changes associated with the relativity of the modest size do matter in getting past the inhibitors of development as it serves to push the radical changes that might be insignificant to the development of the firm and beneficial to Tesla’s clients at large.

January 19, 2024
Subject area:

Company Innovation

Number of pages

2

Number of words

289

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55

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