Comparative Analysis of Operational Advantages and Disadvantages Between Conventional Internal Combustion Engine Vehicles and Electric Vehicles based on Tesla

Authors

  • Jingyan Zheng

DOI:

https://doi.org/10.54097/m2qdzw41

Keywords:

Automotive Industry, Financial Performance, Operational Efficiency, Electric Vehicles.

Abstract

The automotive industry is undergoing a transformative phase driven by concerns over environmental sustainability, energy efficiency, and technological advancements. In this context, the shift from conventional internal combustion engine vehicles to electric vehicles (EVs) has emerged as a focal point. This paper conducts a comparative analysis of operational pros and cons between conventional internal combustion engine vehicles and electric vehicles, using Tesla as a case study. This paper undertakes a comprehensive comparative analysis of financial and operational aspects among leading automotive companies: Tesla, Volkswagen, and Toyota. This comparative exploration highlights the transformative potential of the new energy vehicle sector.

Downloads

Download data is not yet available.

References

Y., & Perez, Y. (2018). Business model design: lessons learned from Tesla Motors. Towards a Sustainable Economy: Paradoxes and Trends in Energy and Transportation, 53-69.

Hardman, S., Shiu, E., & Steinberger-Wilckens, R. (2015). Changing the fate of Fuel Cell Vehicles: Can lessons be learnt from Tesla Motors?. international journal of hydrogen energy, 40(4), 1625-1638.

Mangram, M. E. (2012). The globalization of Tesla Motors: a strategic marketing plan analysis. Journal of Strategic Marketing, 20(4), 289-312.

Musonera, E., & Cagle, C. (2019). Electric Car Brand Positioning in the Automotive Industry: Recommendations for Sustainable and Innovative Marketing Strategies. Journal of Strategic Innovation & Sustainability, 14(1).

Akakpo, A., Gyasi, E. A., Oduro, B., & Akpabot, S. (2019). Foresight, organization policies and management strategies in electric vehicle technology advances at tesla. Futures Thinking and Organizational Policy: Case Studies for Managing Rapid Change in Technology, Globalization and Workforce Diversity, 57-69.

Mangram, M. E. (2012). The Emperor's New Clothes: A Framework for Market-Based Management at Tesla Motors. Journal of Strategic Management Education, 8(3).

Strauss, N., & Smith, C. H. (2019). Buying on rumors: How financial news flows affect the share price of Tesla. Corporate Communications: An International Journal, 24(4), 593-607.

Song, J. (2022, March). Quantitative Analysis of Tesla Inc. in the Context of the Covid-19. In 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) (pp. 662-666). Atlantis Press.

Pan, J. (2022, December). Application and Feasibility Analysis of DCF Model in Corporate Valuation: A Case Study of Tesla, Inc. In 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022) (pp. 1005-1023). Atlantis Press.

Gilson, S. C., & Abbott, S. (2017). Tesla Motors (A): Financing Growth. Harvard Business School case study (218-033).

Downloads

Published

26-12-2023

How to Cite

Zheng, J. (2023). Comparative Analysis of Operational Advantages and Disadvantages Between Conventional Internal Combustion Engine Vehicles and Electric Vehicles based on Tesla. Highlights in Science, Engineering and Technology, 78, 208-213. https://doi.org/10.54097/m2qdzw41