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Question
Tesla, Inc. sold its first electric vehicle (EV), the Roadster sports car, in 2008. As of 2022, Tesla commands more than 58% of market share in the United States and around 54% globally. In order to understand the company's strategic management in its electric vehicle line, please answer the following questions: 2a: What are the innovation processes? Please define the four processes of innovation and explain how these processes are applied to Tesla's EVs. 2b: When expanding to global markets, what international strategy did Tesla implement? Use Integrated Responsiveness Framework to support your argument.
Does the accumulation of unplanned inventories causes aggregate output to increase?
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