604167213-Sustainability-Strategies-at-Tesla.pptx

MohamedAbdelmawgoud11 122 views 8 slides Jul 29, 2024
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Sustainability strategies at tesla

Introduction: In this internationally competitive market, it is necessary to have a sustainable plan in order to acquire competitive advantages.  This   presentation will   provide  an analysis of Tesla's  sustainability strategy.

People aspect of Tesla: People take a stance for working conditions. Tesla employees are perpetually discontent with their jobs ( Kamali , 2019 ). Employees are required to put in long hours of work. At Tesla, there is consistently a high degree of stress noticed. Tesla has laid off workers in an effort to cut costs and decrease waste (Al ‐ Douri , 2022 ). Tesla is following practises that are unethical in their business practices. For example: Ford's dedication to ethics is reflected in initiatives such as the Partnership for a Cleaner Environment, which aims to encourage sustainability throughout Ford's supply chain, to programmes such as the monitoring of human rights and safe working conditions, sourcing conflict-free minerals.

Profit aspect of tesla: The term "economic value" gained by the organisation is synonymous with the term "profit .“ Tesla brought in a total of $31.5 billion in sales last year . ( Al ‐ Douri , 2022) The corporation has adopted a more environmentally friendly business approach in order to increase their profit margin. Tesla has a number of different plans, including the development of solar cities and renewable energy. Electric vehicles have the highest number of sales (Al‐ Douri , 2022 ) For instance: The US economy gains almost $49 billion annually from the manufacture of F-Series aircraft. In addition, the production of F-Series engines is responsible for almost 500,000 jobs in the United States.

Planet aspect of tesla: Planet refers to a "sustainable environment“ The company generates clean energy while also minimizing its overall carbon footprint. Production of solar cities is the next plan of action ( Kamali , 2019 ). Tesla is a company that practices vertical integration. Maintaining a presence in the market through manufacturing electric vehicles ( Kamali , 2019 ). As part of Ford's long-term sustainability plans, the automaker wants to be carbon neutral globally by the year 2050, use 100 percent renewable energy sourced locally by the year 2035, and eliminate single-use plastics by the year 2030.

Key points of interest: The new objective of Tesla's Chief Executive Officer is to hasten the transition to a more sustainable global  strategy (Ismail, 2019) . Putting  more emphasis on clean energy sources Another  one of Tesla's goals is to cut down on carbon emissions (Ismail, 2019) .

Recommendation: Ensure that the policy is fair for the employees. Improve  the overall quality of the things you sell in order to increase your revenue. An  environmentally responsible method for cutting emissions. Production  of solar cities and other forms of renewable energy  TESLA Lessen  the number of moral dilemmas Foster  better relations with your staff.

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