Vahobov Biloliddin Shokirov Farrux

Weaknesses of Tesla

• Mechanical Complications: Due to their higher standard of innovation causes certain production and mechanical delay in terms of launching product such as the manufacturing of their Model X got delayed due to frequent innovative changes. 
• Battery Shortage: As Tesla’s most of the business depend upon battery electric vehicles and plug-in electric vehicles which sometimes cause shortage of the supply of batteries. This directly affects the sales of electric vehicles and energy storage systems.
• Employee Turnover Rate: It has a high employee turnover rate, with low employee enthusiasm and working confidence. Recently, Tesla got fined to follow unethical working system which caused impact on workers safety.
• Dependence on supply chain: Tesla’s batteries are supplied by foreign company.

Opportunities for Tesla

• Untapped Markets: The most important opportunity of Tesla right now is to tap into Asian market which is India where the market of EV, automation and renewable energy is growing rapidly. 
• Affordable Cars: Tesla is working on launching its affordable cars so that people of every class can access the innovation of Tesla. Such as it recently launched Model 3 which is a more affordable version of Model S.
• In-house Battery Production: Tesla can launch its own battery cells which will reduce the dependency of Tesla on Panasonic who is its primary supplier of batteries. This move could be a big game changer for Tesla if implemented.
• Technological Developments: Technology succeeds with numerous advantages among many departments. Operations can be automated to diminish costs. Technology enables better data to be obtained from customers and improves trading accomplishments.
• Autonomous Driving Technology: Tesla’s autopilot technology has gained it fame for its safety and convenience. Making it trustworthy by consumers and the share market. Tesla’s work in autopilot is constantly evolving.
• Environment-friendly Cars: As consumers are becoming more environmentally conscious, the need for more electric vehicles is growing along with the need to minimize fuel-driven cars.