Introduction
Established in 2003, the Company Tesla was started by a group of engineers. They had a target to provide the people the satisfaction of driving electric cars. It was their plan of them that they would make electricity-driven cars more fun and eco-friendly. In 2008, the Company initiated the battery technology and electric power train, and the model S of their electric-driven cars. The Company’s thought process of saving energy and providing more luxurious designing of the cars driven by electricity has got the high position in various industries. In the year 2004, the previous originator of the organization, Martin Eberhard and Marc Tarpenning, met with Elon Musk. Elon Musk invested an amount of $6.5 million in the Company.
The Company Tesla in 2020 has earned revenue of $31.54billion in the market of electric cars. The Company’s main motto of running the organization is technology, energy, and sustainability, in its inner and outer work environment. Its internal and external business environment will be discussed through the SWOT and PESTLE analysis of the business. The SWOT type of analysis will verify the Strength and weaknesses of the Company, including the various company-related opportunities and future threats. At the same time, the PESTLE category of analysis will explain various political, economic, social, and those technical factors that affect the Company. Including this, it will also evaluate various environmental and legal factors that impact the Company.