This paper focuses on the electric car manufacturing business Tesla Motors and its desire to flourish its operations into Spain in cast to expand its presence globally and address the potential foreign ingest for their products. Spain has been selected due to its suitable infrastructure as the caller-up is genius of the leading car manufacturers in the world. More all over, Spain is an i fix location to messiness with demand from the Asian and European market and also contains easy accessible trading routes through both land and sea. A globalised strategy has been suggested as it would allow Tesla to maintain control over its core competencies and technological innovativeness. This strategy however could be cut off due the current economic situation being approach in the entire Euro Zone. Additionally, cultural differences and availability of suitable battle pose a challenge for the company and failure to deal with such challenges could severely jeopardise the learn. To deal with such issues, the company needs to conduct sufficient research prior to passing game and should be willing to temporarily relocate some of its lag in Spain. The company should also obtain funds for its project by either establishing sustainable relationships with potential investors or by using its retained earnings from sales in the US.
By carefully planning, coordination and leadership, the company can successful establish itself in the Spanish market and continue its dream of providing top feature electric cars to individuals around the world.
Concern Statement/ need for supranational Expansion
Tesla Motors is a car company that solely produces electric cars for popular use, and to prove to the world that electric cars are superior and super reliable. One of the reasons for Teslas success has been its improved battery engineering which is user friendly, provides good mileage per charge and provides zero emissions (Mangram, 2012). Teslas entered the market with...If you want to get a full essay, order it on our website: Orderessay
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