In: Operations Management
What is the regulatory environment under which Tesla operates?
Tesla is an American based car manufacturing company that manufactures electric cars for personal usage worldwide. The efficient production of electric cars helps the Tesla company fulfill their responsibilities towards the environment by not producing pollution-related cars in the market. It makes the company different from other companies, and the company enjoys a monopoly in the car manufacturing market. The company follows the rules and regulations regarding environmental safety, including less air pollution levels from the cars as these cars are fully electric and produce less air pollution in the environment, which protects the environment from hazardous air quality. Moreover, standard cars realize many dangerous gases that harm the environment, but Tesla is working on this factor. As a company, they know their responsibilities towards nature, which helps the company produce eco-friendly cars for humans by fulfilling the regulatory environment's rules and laws.