Tesla's transcendence of traditional industries and its prospects

Authors

  • Jiaqing Li

DOI:

https://doi.org/10.54097/hbem.v4i.3431

Keywords:

Tesla, PEST, ESG, Management strategy

Abstract

It is becoming increasingly necessary for the worldwide automobile industry to use new energy sources as soon as possible in the future development process to protect the environment from increasingly severe global environmental pollution. This paper introduces some of Tesla's most popular goods and some of its most exciting new developments. Additionally, by studying Tesla's financial report to demonstrate the opportunities presented by its business. Evaluations using PEST, Financial data analysis, and ESG criteria provide conclusive evidence of the company's economic potential and commitment to protecting the environment. This paper's results show that tesla has long-term investment potential based on the results of a PEST study, which shows that the company has a positive cash flow and income. It is considered that this captures the future development pattern of mainstream energy as determined by ESG research. Accordingly, the paper of this appraisal offers a blueprint for the future success of other businesses and a model for globally effective methods of environmental protection.

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References

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Published

12-12-2022

How to Cite

Li, J. (2022). Tesla’s transcendence of traditional industries and its prospects. Highlights in Business, Economics and Management, 4, 109-115. https://doi.org/10.54097/hbem.v4i.3431