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The quote below is from the BBC Article “Tesla growth continues despite economic

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The quote below is from the BBC Article “Tesla growth continues despite economic upheaval“, 22nd July 2020
“Electric car maker Tesla has shrugged off the economic upheaval caused by the pandemic to report its fourth quarterly profit in a row. The California company earned $104m (£82m) in the three months to 30 June, with the growth setting it on course for inclusion in the S&P 500.
That means Tesla’s shares, already surging, will see even more demand from investors who track the index. The stock crested higher in after-hours trading on publication of the results. Tesla said its bottom line was helped by salary cuts as well as the opening of its new factory in China, where costs are lower.
Boss Elon Musk said the firm is focused on growth, with other plants in the works, including one in Germany and a new one he announced would be located near Austin, Texas.
‘I’ve never been more excited and optimistic about the future of Tesla in the history of the company,’ Mr. Musk said”.
Quotes like the above often generate optimism and motivate investors and shareholders to add to the hype by increasing their investments into Tesla. However, these temporary hypes in share prices and optimism may not be a long term feature for a company like Tesla. Often there are several other global economic, social, political and financial variables that influence share prices and inverter behaviour in the long run.
You are a business analyst for an international management consultancy that is working closely with an auto manufacturer trying to gain a better overview of the field of electric automobiles. You have been provided the Business Strategy Case study for TESLA Inc. Your task is to explore the global economic influences on the growth strategy of Tesla. In particular you have been asked to produce a business analysis report to the board.
Critically analyse what global factors played a key role in the expansion strategies of Tesla Inc. Your analysis should be supported with appropriate evidence, examples and theories from areas of international trade and should include detailed discussion of key developments in trade barriers.
Assessment Criteria Indicative Weighting
Demonstrate a knowledge and understanding of global economic issues. 30%
Critically analyse issues in the global economy drawing on the appropriate concepts and theories. 30%
Draw well-supported conclusions from the analysis. 20%
Express ideas in a clear and understandable way. 10%
Presentation 10%
Deliverables and Submission Details
The following guidelines should be followed in delivering the final copy of your assignment:
Ensure that your arguments are supported by theoretical models that have been discussed and are referenced correctly using the Harvard Referencing System.
Ensure that all relevant diagrams and charts have a source reference and figure number.
Ensure that you attend the draft review session as detailed in class by your lecturer.
The word count of your business report should be 2000 words, font size 12 and 1.5 spacing.
The final submission should be as .pdf submitted using the submission link in Moodle no later than 23:55 on Friday November 12, 2021
Hill, A. (2012), Operations Management, 3rd edn. Palgrave MacMillan.
Harrison, A. (2014), Business Environment in a Global Context, 2nd edn. Oxford University Press.
Rugman, A. (2014), International Business, 6th edn. Pearson.

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