Question

In: Economics

Evaluate Tesla product for the china nation. Considering the vehicle features and price, tesla a good...

Evaluate Tesla product for the china nation. Considering the vehicle features and price, tesla a good fit in the china country and why?

Discuss why Tesla will or will not be successful selling the American version of their vehicle (style, features, brand name) in the china nation? Please I need a longer explanation.

Solutions

Expert Solution

Tesla is an automative segment that manufactures Electric Vehicles. It is an American based company. Tesla is always leading in vehicle industry and is one of the most innovative and powerful automobile industry. The objective of entering into new market will be to expand the market share across the globe.

China is the best fitted for the launch of Tesla because China has the largest automobile market in the world and the government policies of China immensely support Electric Vehicles which makes it most suitable market for the launch. China's vast consumer market and strong financial system makes ideal place for localisation. For Tesla, the advantage of coming to china are widely apparent with its business model. The feature may include technologically advanced Autopilot, advanced batteries and the price of Tesla makes it suitable for China because Tesla has a strong brand image in the minds of buyers.It offers quality and better designed range.

Tesla will be successful in selling the American version of their vehicle in the China nation because the brand name is very big in the minds of the people but new entrants need to be redesign in order to take full advantage of the possibilities of new technologies and needs of the people. A strong market leadership can take the demand to an another level.

Rahul Sunny answered 2 years ago
Next > < Previous

Related Solutions

You are looking to purchase a Tesla Model X sport utility vehicle. The price of the...
You are looking to purchase a Tesla Model X sport utility vehicle. The price of the vehicle is $97,750. You negotiate a six-year loan, with no money down and no monthly payments during the first year. After the first year, you will pay $1,725 per month for the following five years, with a balloon payment at the end to cover the remaining principal on the loan. The APR on the loan with monthly compounding is 6.2 percent. What will be...
You are looking to purchase a Tesla Model X sport utility vehicle. The price of the...
You are looking to purchase a Tesla Model X sport utility vehicle. The price of the vehicle is $95,750. You negotiate a six-year loan, with no money down and no monthly payments during the first year. After the first year, you will pay $1,525 per month for the following five years, with a balloon payment at the end to cover the remaining principal on the loan. The APR on the loan with monthly compounding is 4.6 percent. What will be...
1. Suppose that Nation 1 can import good X from Nation 2 at a price P1=1.20...
1. Suppose that Nation 1 can import good X from Nation 2 at a price P1=1.20 or from Nation 3 at a price P2=1.50. If the domestic demand and supply curves are given by the following equations: Demand: P=80-2Q            Supply: P=5+3Q Under free trade, how many units of good X are consumed? How many units of good X are produced domestically? How many units of good X are imported? From which Nation? If a 30% import tariff is imposed,...
Question: Considering the  strengths and weaknesses of McDonald’s evaluate its product, price and promotion strategy to respond...
Question: Considering the  strengths and weaknesses of McDonald’s evaluate its product, price and promotion strategy to respond to changes taking place in different elements of the marketing environment.
A small price-taking nation imports a good that it could not possibly produce itself at any...
A small price-taking nation imports a good that it could not possibly produce itself at any finite orice. Can you describe plausible conditions under which that nation would benefit from an import tarrid on the good?
A small nation permits free trade in good X. At the good’s free-trade price of $8,...
A small nation permits free trade in good X. At the good’s free-trade price of $8, domestic firms supply 6 million units and imports account for 4.2 million units. Recently, the small country has erected trade barriers with the result that imports have fallen to zero, price has risen to $10, and domestic supply has increased to 8 million units. Calculate the change in consumer surplus and producer surplus resulting from the trade barrier. What is the deadweight loss?
A small nation permits free trade in good X. At the good’s free-trade price of $8,...
A small nation permits free trade in good X. At the good’s free-trade price of $8, domestic firms supply 6 million units and imports account for 4.1 million units. Recently, the small country has erected trade barriers with the result that imports have fallen to zero, price has risen to $10, and domestic supply has increased to 8 million units. Calculate the change in consumer surplus and producer surplus resulting from the trade barrier. What is the deadweight loss?
A manufacturer wishes to evaluate the profitability of the potential new product introduction it is considering....
A manufacturer wishes to evaluate the profitability of the potential new product introduction it is considering. The planned retail selling price of the new product Brand X is $20. In this particular market, retailers expected a 30% markup/margin on their cost (there is no wholesaler). Brand X’s variable costs are $10.50 per unit, and the total fixed costs are estimated to be $80,000. The forecasted volume at the $20 retail price is 17,000 units. A) Will this product make a...
5. You own goods A and B. You are considering increasing price of good A by...
5. You own goods A and B. You are considering increasing price of good A by 10%. Here is the information you have Pa = 20 Qa = 1000 For each $1 increase in Pa, Qa will decrease by 100. Pb = 12 Qb = 750 For each $1 increase in Pa, Qb will increase by 100. (The point of this exercise is to have you do everything the long way then use the delta r formula so you can...
You own goods A and B. You are considering increasing price of good A by 10%....
You own goods A and B. You are considering increasing price of good A by 10%. Here is the information you have Pa = 20 Qa = 1000 For each $1 increase in Pa, Qa will decrease by 100. Pb = 12 Qb = 750 For each $1 increase in Pa, Qb will increase by 100. (The point of this exercise is to have you do everything the long way then use the delta r formula so you can see...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT