Tesla’s Innovation and Impact on the Automotive Industry Critical Analysis

Assignment Question

RESPOND WITH A RESPONE THAT EXHIBITS SYNTHESIS, CRITICAL THINKING, AND APPLICATION PRACTICES BY EITHER SUPPORTING OR RESPECTFULLY CHALLEGING THE EXPLANAITON. USE 2 SOURCES FOR EACH PERSON YOU REPLY TO. AT LEAST 2 PARAGRAPHS FOR EACH REPLY.

Assignment Answer

In recent years, Tesla, Inc. has garnered significant attention for its pioneering efforts in electric vehicles (EVs) and sustainable energy (Holman & Scalet, 2020). This California-based company, founded by Elon Musk, has not only transformed the automotive industry but also reshaped consumer perceptions of electric transportation (Lien & Johnson, 2019). Tesla’s influence extends beyond manufacturing electric cars to encompass various aspects of the automotive sector, including battery technology, autonomous driving, and charging infrastructure. Furthermore, Tesla’s global presence and ambitious goals for sustainability have made it a unique and influential player in the automotive industry.

Tesla’s emphasis on sustainability and its commitment to reducing the environmental impact of transportation have been critical to its success (Holman & Scalet, 2020). The company’s innovative approach to electric vehicles has challenged the traditional automotive industry, forcing established players to invest heavily in EV technology (Lien & Johnson, 2019). Tesla’s Model S, Model 3, Model X, and Model Y have not only demonstrated that EVs can compete with their internal combustion engine counterparts in terms of performance but also pushed the boundaries of design and technology (Holman & Scalet, 2020). Tesla’s investment in battery manufacturing, particularly with the construction of the Gigafactories, has significantly contributed to the growing popularity of electric vehicles.

In response to Tesla’s success, legacy automakers like Ford, General Motors, and Volkswagen have accelerated their electric vehicle development plans (Lien & Johnson, 2019). However, their efforts to catch up with Tesla have not been without challenges. The company’s proprietary charging network, Supercharger, and advancements in autonomous driving technology, notably its Full Self-Driving (FSD) suite, have given Tesla a significant edge (Holman & Scalet, 2020). Its Autopilot system, which combines advanced driver assistance features, has demonstrated the feasibility of self-driving cars and is now available to customers in a growing number of countries. This has led to discussions on the ethical, legal, and safety aspects of autonomous driving technology.

Moreover, Tesla’s influence has extended beyond the automobile industry (Holman & Scalet, 2020). The company’s acquisition of SolarCity, a solar energy services provider, and the introduction of solar products like solar roofs and the Powerwall battery system have positioned it as a key player in the renewable energy sector (Lien & Johnson, 2019). Tesla Energy is shaping the future of sustainable power generation and storage, a crucial development in the fight against climate change.

References

Holman, L., & Scalet, S. (2020). Tesla, Inc.: A case study in disruptive innovation. The CASE Journal, 16(4), 590-607.

Lien, T., & Johnson, A. (2019). Tesla, Inc. as a disruptor in the global automobile market: A look back at a century of legacy automakers. The Journal of Technology, Management, and Applied Engineering, 10(1), 1-17.