Reference no: EM133315353
Global Acquisition Plan
On Sept 26, 2018, the Shanghai government invited bids for an electric car manufacturing facility
The bidding process ran between Oct 17 - 26, 2018
Tesla won the bid and the transfer was scheduled to occur on Dec 2018
Production line capacity is, initially, expected to be 5,000.0 cars per week
Once the facility is fully built out, Tesla plans for the facility to reach an a capacity of 500,000.0 cars per year
The 1st cars were delivered on Jan 7, 2020 to Chinese customers, with capacity at 1,000.0 cars per week
On Jan 12, 2022, the China Assoc. of Auto Mfrs announced that 310,000.0 cars were exported from China mainly to EU and Asia
Acquisition Plan Q1 20
Based on the information, what's do you think Tesla's acquisition plan was? Justify your answer
(Hint: there are 4 basic strategies based on pressure on cost and pressure for local responsiness for global firms)