Hypothetical situation: You are part of Tesla’s top management team (TMT). The TMT has agreed, in consultation with the Board of Directors, that Tesla has an important role to play in helping realize a global vision where every man, woman, and child in the World is empowered by their products to lead a healthy and productive life. You and Elon Musk’s other top advisors have been asked to develop strategic alternatives for expanding Tesla’s involvement in this quest and have been asked to submit a brief for review. In this brief you will:
A) Recommend a mission statement for Tesla that would be in-line with this vision.
B) Propose three strategic alternatives that are in-line with this mission statement that are based in the business level, corporate level, or international level strategies covered in this course (and the forms these may take).
C) Analyze each of these alternatives. (What are the strengths and weaknesses of each alternative?)
D) Recommend one of the alternatives. (Why are you recommending this alternative?)