Question

What are the key organizational characteristics of Tesla? Describe Tesla's operating environments and key relationships with residents, stakeholders, suppliers, and partners.

Answer 1

Tesla automobiles are having an innovative problem-solving organizational culture. This type of corporate culture motivates employees to develop profitable solutions to current and emerging problems in the target market

The company’s ability to keep introducing advanced electric vehicles reflects the benefits of its corporate culture. Tesla Inc. identifies six main features of its organizational culture:

1. Move Fast
2. Do the Impossible
3. Constantly Innovate
4. Reason from “First Principles”
5. Think Like Owners
6. We are all in one.

Tesla, Inc.’s automotive business directly satisfies the concerns of communities. Communities are stakeholders that determine brand image through their significant lobbying activities and responses to the business.

• Partners/Shareholders:

Tesla’s early years depended on a series of funding from investors. These stakeholders are important in influencing the company’s capitalization. Investors and shareholders have interests in the profitability and growth of the business. Tesla’s corporate social responsibility approach addresses these interests through long-term strategies that aim to transform the automotive/transportation and energy market.

• Stakeholders

Tesla, Inc. is experiencing the effects of governmental action. Governments are stakeholders that present requirements, limits and opportunities to businesses. This stakeholder group’s interests include legal compliance, and business contribution to economic growth as well.

• Suppliers

Suppliers affect Tesla’s revenues and are highly interested in product quality and reasonable pricing. Given such significant effect, the company gives high priority to these stakeholders in its corporate social responsibility programs.

• Residents

Tesla, Inc.’s automotive business directly satisfies the concerns of communities. Communities are stakeholders that determine brand image through their significant lobbying activities and responses to the business.