Corporate objectives of TESLA

Mission statement

The mission statement of Tesla incorporation had been successful in accelerating the evolution of an overall sustainable transport method. Under the improved leadership of the management of this company, a significant change in the business of TeslaTesla had been effectively recording in this case. Thus the overall market opportunities based on specific renewable energy source has been implemented for the betterment of the company. These active marketplace opportunities have created particular relevance in the firm’s energy to store the products in market addition to the means of the transportation market. Therefore this statement has been active throughout a prominent constituent (Winchel 2019).

On the other hand, the mission statement of the company is generally focused on manufacturing electric cars that are expected to be powered over gasoline cars. Hence the main focus of the company helps reduce over-dependence on carbon fuel and transition towards a cleaner world with the help of curtaining the aspect of sustainable energy prospects. Thus this aspect also installs the storage energy based on its products and indeed implements effective storage systems as a whole. Moreover, the world is already motoring towards certain electric friendly vehicles and trying to implement the aspect of environmental solutions for the Tesla Company across the globe. Hence the main focus of the company is to achieve specific betterment in them an element of the innovation process for the betterment of the society. The mission statements are those statements that can also provide proper guidance over decision making as well as resourcing allocation to the overall company perspective. Therefore the indication is based on specific research avenues and the global distribution of its resources in general. Hence this process can help stay awake the company based on its day to day scenario as a whole (Thomas and Maine 2019).

The mission statement can also try to enlighten on different such other areas, which effectively focuses on its core customers, competition, it’s financial positioning, and various other critical factors as a whole. Hence all these factors are related to its vital performance and its core business strategy. The company has not included its overall element that has been expected to be highly specific regarding provide particular primary business guidance for its benefits in decision-making perspectives. The company managers can also strive to incorporate resource allocation. Thus the overall decision-making concept has been highly effective in this regard. Hence all these aspects can readily align the company decision making in its mission statement (Guo 2019).

Vision statement

The vision statement of the company addresses the high-flying nature of its overall relation statement in the area of the electronic auto sector. The sector operated by Tesla Company had come into profitability in the year 2013. The global growth stature of the company discusses that the market is effectively responding to the global storage energy products. Hence the company duly engages with the specific strategic result making aspect that comes to existence from the company’s point of view as a whole (McCain 2019).

The vision statement of the company comprises two aspects. Namely, one is the company brand image, and another part is the product. Since it is the most trusted car brand, hence it is evident that the company is asking for a compelling and sustainable vision and future prospectives. Therefore a company like TeslaTesla with its dynamic and robust brand image is expected to be creating a real value to its course. Hence its core vision statement tends to evaluate as well as express its future position of a company as a whole. Thus the vision statement of Tesla Company tends to be very clear and concise (Akakpo et al.2019).

Moreover, the overall vision of the company is to be the driver behind its transition to an electric vehicle. However, a company does not tries only to serve the shareholders expectations. Moreover, it works tom cerate and adds absolute value to its overall shareholder’s perspectives. The vision of this company is highly specific, and it does not express clearly what the company tries to be in the future in terms of its overall business perspectives as well as try to meet the financial position and its overall competition in the future. Moreover, the process only clarifies that it wishes to be the leader of the world transition to its global electric vehicle in this regard. Again like its mission statement, it is less than the specific in this case. Moreover, the vision statement is considered to be specified under the overall process while leaving the procedure for its further amendment in later times (Cornel 2020).

Objective

• The primary objective of the company is to enhance its total customer satisfaction overall. Customer satisfaction is useful in providing a high-quality service process and its process in value for money. Moreover, the process of customer satisfaction is considered to be effective in implying the proper servicing techniques as a whole.
• The aggressive customer satisfaction will be sufficient from its showroom to different parts of change to try to effectively individual customer relationships as well as its satisfaction process (Ferreira 2019).
• The company’s main objective is helpful tom secure the overall increase in its market share as well as inclining the management perspectives in this case. Therefore the total servicing technique implied by TeslaTesla has been active towards the generative methods as a whole.
• The company has been highly trying to implement specific effective changes based on serving the nations as well as looking to achieve the upliftment of the society. Hence this process is looking to implement new techniques based on the community. The method of education improvement or social improvement has also been considered as an active process of TeslaTesla.
• The overall ethical approaches are considered to be one of the most effective business technique based on its needs to the customer preferences. Therefore it is essential to cater to the needs of the customers and try to manufacture products based on the overall business generation as a whole. In this way, the tesla company has been attempting to mitigate the customer needs and strives to deliver based on their preferences.

References

Ahmad, W.A.Z., 2019. Review of Remote Acting Fire Valve (RAF) Calibration and Rework Problems in Tesla Technology Private Limited Pakistan.

Akakpo, A., Gyasi, E.A., Oduro, B., and Akpabot, S., 2019. Foresight, organization policies, and management strategies in electric vehicle technology advance at TeslaTesla. In Futures Thinking and Organizational Policy (pp. 57-69). Palgrave Macmillan, Cham.

Cornell, B., 2020. Mispricing and the Cost of Capital: The Example of Tesla. Available at SSRN 3539698.

Guo, Z., 2019, February. The Acquisition of SolarCity by Tesla: A Good Step or Not?. In 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019). Atlantis Press.

McCain, C., 2019. A Strategic Audit of Tesla, Inc.

Thomas, V.J., and Maine, E., 2019. Market entry strategies for electric vehicle start-ups in the automotive industry–Lessons from Tesla Motors. Journal of Cleaner Production, 235, pp.653-663.

Winchell, M., 2019. The Electric War: Edison, Tesla, Westinghouse, and the Race to Light the World. Henry Holt and Company (BYR).

Ferreira, M., 2019. Tesla and the electric vehicle market in 2018 (Doctoral dissertation).