Industry Analysis-Tesla Motors Company
Industry Analysis-Tesla Motors Company
Overview
The automobile industry is a very cyclical business. It is closely tied to the economical prices and cycles as well as other key macro factors. In comparison to the traditional segment, the alternative fuel segment has benefited heavily from the increasing prices of oil (Hoffmann & Coste-Manière, 2012). They are highly dependent on the technological or the political environment regarding supporting different government innovations and initiatives that can drive the prices of vehicles down. After almost a century of fueling vehicles using diesel and gasoline, the automobile industry is in a sharp transition towards obtaining ...