1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nadya68 [22]
3 years ago
5

Tesla is building a battery factory in nevada with an enormous capacity far exceeding current and, some say, also exceeding futu

re battery demand. explain why you think elon musk is pursuing this factory and how it plays in with tesla's overall strategy.
Business
2 answers:
ELEN [110]3 years ago
7 0

The Tesla cars are generally more expensive because of their battery, so Elon is building this factory in order to make Tesla batteries cheaper, therefore reducing the overall price on the Tesla cars making them easily obtainable to all people.

fredd [130]3 years ago
6 0
Musk is pursuing this overall strategy because he thinks the market for the batteries will be higher than forecasted. Tesla not only plans to power their cars with these batteries, but also consumers’ homes. Tesla also builds and installs solar panels. This will create a product ecosystem much like Apple did with the iPod, Mac, iPhone. iPad, Apple Watch and Apple TV. The idea is that by buying one of the company’s products the consumer will be more likely to buy the other ‘parts’. In addition to this sales plan, by building a large facility he will employ the economies of scale and thus have the cheapest batteries available. By doing so he will secure market capitalization (the total amount of batteries sold by all companies).
You might be interested in
What do economists call the shift of the entire curve?
Sophie [7]
Economists call this a change in demand as the curve is directly linked to the demand of the product. When the demand goes up or down the curve moves left or right accordingly.
5 0
2 years ago
Which of the following is NOT one of the four characteristics of IPOs that puzzle financial economists? Select one: a. The long-
Serhud [2]

Answer:

A

Explanation:

IPO , a synonym for initial public offering is a process of offering to the public new stock issuance through an underwriter.

IPO comes with a lot of benefit , nevertheless financial economist  have some concern about it .

Of all the options given in the question , the long run of a new public company , (three to five years from the date of issue) being superior to the overall market returns is the only exception

7 0
3 years ago
I am bad as worst and worst as excellent​
ArbitrLikvidat [17]

Answer:

try using Googlde like Googdle will help u ndo neefsd to do it hedre

7 0
2 years ago
How much do RN’s earn an hour?
yuradex [85]
The average rate of an RN’s hourly wage is about a$32.66 an hour. This depends on where you work also.
3 0
3 years ago
Read 2 more answers
A food worker needs to cool a large pot of soup How should the food worker cool the soup?
Lilit [14]

Answer:

a)use an ice paddle. it is the most suitable way

3 0
2 years ago
Other questions:
  • Eastline Corporation had 10,000 shares of $10 par value common stock outstanding when the board of directors declared a stock di
    13·1 answer
  • AJ plans to attend a retreat on mindfulness. He paid a $500 nonrefundable registration fee, made a reservation at a hotel that c
    8·1 answer
  • The main cause for the increase in corporate debt in america is
    7·1 answer
  • For a honda accord, some factors shift demand left and others shift it right, as shown. classify each factor by how it shifts th
    14·1 answer
  • A disadvantage associated with obtaining goods and services externally includes:
    13·1 answer
  • Chittenden Enterprises has 600 million shares outstanding. It expects earnings at the end of the year to be $ 970 million. The​
    6·1 answer
  • Small lean mean agencies which operate on low overheads and do quality work by hiring experts on job basis are called - Options
    6·1 answer
  • Sam, the owner of a small company, learned that a competitor was planning to spend $150,000 on promotion in the next financial y
    10·1 answer
  • What is the difference between a search engine and a web browser
    9·1 answer
  • The micr numbers are numbers and symbols and contain the nine-digit ____ number.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!