The analysis used to determine the position of company in the market is done by utilizing PESTLE analysis, provided in Exhibit A. Tesla Motors Inc works under the guidelines and regulations directed by government and food authority. The company is more focused on its items and services to make sure about the product quality and safety.
Political.
The political effect on the business is greatly influenced by the government laws and regulations. In efforts to make good food, Tesla Motors Inc is changing the requirements of food and drink production.
Economic.
Initiation of the business where the capital income of each private matters for the increased net sale as this varies country-to-country. The economy of the Tesla Motors Inc Business in U.S. is growing year by year with variable products launch particularly focusing on the dietary food for babies.
Social.
The social environment continues changing with regard to time like the mindset of the consumer in addition to their way of lives. Any product and services of any business can not be successful up until the business is not worried about the living system of the customer. Tesla Motors Inc is taking procedures to satisfy its objectives as the world remains in search of healthy and delicious food.
Technological.
In the advancement of service, strategic measures are rather mandatory. Tesla Motors Inc is one of the leading popular multinational firm and by time it purchases various departments to take its products to new level. Tesla Motors Inc is investing more on its R&D to make its products healthier and nutritious providing consumers with health benefits.
Legal.
There is no such effect of legal factors of Tesla Motors Inc as it is more concerned over its laws and regulations.
Environmental.
Tesla Motors Inc, in regards to environmental effect is committed to work in eco-friendly environment with conservation of the natural deposits and energy. As due to the production of bigger variety of items there may be a threat if the resources utilized are recyclable or not.
Exhibit A: PESTEL Analysis
