Tesla analysis by Ansoff´s Matrix analysis Management Research Paper (Research Paper Sample)
The aim of this report is to analyze Tesla. Inc’s existing business in Chinese market by Ansoff´s Matrix analysis and to find out the best expansion strategies for Tesla in China. Finally, provide recommendation based of the result of Ansoff´s Matrix analysis.
Use Ansoff´s Matrix analysis to analyze Tesla in China. (Sample provided）
Only discuss the analysis of Tesla in Chinese market by Ansoff´s Matrix analysis. (not introduction and conclusion). Provide recommendations based on the analysis. (At least 3 recommendations)
Please collect the data and evidence from reliable sources. (such as: Statista). At least 5 references.
TESLA ANALYSIS BY ANSOFF’S MATRIX ANALYSIS
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Tesla Analysis by Ansoff’s Matrix Analysis
Market Development
Tesla is already operational in China. However, like any company with competitors, it has to continue gaining the trust of the customers. It also has to ensure that it remains the prime choice for a significant portion of the population as it seeks to make its mark in the market. Currently, Tesla is trying to push sales for its Model 3 in China. This car has grown in its appeal to different demographics and people at different income levels.
Tesla already began work on the gigafactory in China, which has already started churning out Model 3s. But could having more plants in the country help enhance the company’s appeal to the locals? Can the company be able to increase product awareness by having more plants in China?
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