Develop the strategic plan for Tesla for the next five years. First, Elon Musk wants you to apply the Strategic Planning Process which needs to include an external analysis of Teslas business environment (PESTEL Analysis and Five-Forces Analysis) as well as an internal analysis of Teslas capabilities and resources (Value Chain Analysis). Second, based on a SWOT Analysis, you need to conduct the strategy formulation with strategic options. Third, Elon Musk expects you to suggest backed by sound arguments the most convincing strategy for Tesla to maintain and strengthen its position as the most compelling car company of the 21st century.
