BMC Business modale canvas, revenue model, gross profit margin, business segment, energy sector, automotive segment, full serve driving, market placement, cost saving, EV technology, supplying services, energy, automotive industry, Tesla
Tesla, Inc., one of the most profound innovators, challenges the auto industry standards by introducing software-driven electric cars and green solutions aimed at transforming the energy sector. Following its operations, the company has been among the most transformed entities in the auto industry (Pelissier et al., 2021). This paper will elaborate on Tesla's business segments, the current revenue models, and the proposal of a fresh revenue model to increase gross profit margin while employing the popular Business Model Canvas (BMC).
[...] Business Model Canvas - Tesla, Inc. Tesla, Inc., one of the most profound innovators, challenges the auto industry standards by introducing software-driven electric cars and green solutions aimed at transforming the energy sector. Following its operations, the company has been among the most transformed entities in the auto industry (Pelissier et al., 2021). This paper will elaborate on Tesla's business segments, the current revenue models, and the proposal of a fresh revenue model to increase gross profit margin while employing the popular Business Model Canvas (BMC). [...]
[...] Such a route line could fit in with those who enjoy traveling or longer journeys, and thanks to the convenience that it provides as well as the cost savings it yields, this model might just be the one for those travelers ensuring the profitability of the company (Liu, 2021). Business Model Canvas (BMC) Using the BMC framework, Tesla's key elements can be analyzed as follows. Figure The Tesla BMC Customer segments: Tesla aims at green-minded ones, the tech-savvy, and those eager to jump on the awl-new technology in EV technology. [...]
[...] (2021, March). Competition and valuation: A case study of Tesla Motors. In IOP Conference Series: Earth and Environmental Science (Vol No p. 022103). IOP Publishing. Pelissier, M., Ambarki, K., Salleron, J., & Henrot, P. (2021). Maximum slope using ultrafast breast DCE-MRI at 1.5 Tesla: a potential tool for predicting breast lesion aggressiveness. European Radiology, 31(12), 9556-9566. [...]
[...] Customer relationships: Tesla cultivates relations by being simply a service, updating, and engaging with the community (Pelissier et al., 2021). Revenue Streams: The OEMs first make money by supplying and supercharging vehicles and upgrading software, and then they begin to earn through subscription-based services like Supercharger Access (Liu, 2021). Key Activities: Powered electric vehicle design, output of manufacturing and distribution, and research money on autonomy and renewable energy solutions. Key Partnerships: Institution of partnerships with alternative energy suppliers, technology bigwigs, and authorities to further the sustainable transport and energy agenda (Pelissier et al., 2021). [...]
[...] Establishing Expertise and Insights Overlooking Tesla's business segments, revenue models, and strategies depicts the peculiarity of understanding the complexity of Tesla's operations and its predictable growth in the future. Insights into new electric car developments and in the field of renewable energy are of equal importance because they offer a relevant background for the company's stakeholders and industry observers, emphasizing Tesla's pioneering role as the key force of future transport and energy. References Ajitha, P. V., & Nagra, A. (2021). An Overview of Artificial Intelligence in Automobile Industry-A Case Study on Tesla Cars. Solid State Technology, 64(2), 503-512. Liu, S. [...]
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