IB Business Management Internal Assessment (SL)
Should Tesla develop e-bicycles to sell in the United States to expand its presence in the sustainability market?
IB Candidate Number: gwv306
Contents
I. Introduction 3
II. Findings and Analysis 4
III. Synthesis of tools 8
IV. Conclusion 8
V. Supporting Documents 8
VI. Bibliography 9
Introduction
After going public with their first car, the Tesla Roadster, in the United States, Tesla quickly became an internationally recognized innovative and progressive company in the green technology market (Radius World Wide). As an internationally renowned company in the sustainability market, Tesla has many options in expanding their market development. Over the course of the …show more content…
Additionally, we can see from the analysis above that business diversification, such as expanding into the e-bicycle market, is a potential opportunity for Tesla to increase their worldwide image further. However, weaknesses are also evident in Tesla’s company, as their financial liquidity seems to be unstable, leading to potentially large risks when it comes to further investments, or enlarging their business product range.
Ratio Analysis
Finally, we will utilize financial tools to determine whether Tesla is financially healthy enough to finance the option of market expansion. First, we will calculate the current ratio of the company, which indicates the company’s liquidity.
To calculate the current ratio of the company, we use the following equation:
Current Ratio= (Current Assets)/(Current liabilities)
Current Ratio= 6,570,520/7,674670
Current
Should Tesla develop e-bicycles to sell in the United States to expand its presence in the sustainability market?
IB Candidate Number: gwv306
Contents
I. Introduction 3
II. Findings and Analysis 4
III. Synthesis of tools 8
IV. Conclusion 8
V. Supporting Documents 8
VI. Bibliography 9
Introduction
After going public with their first car, the Tesla Roadster, in the United States, Tesla quickly became an internationally recognized innovative and progressive company in the green technology market (Radius World Wide). As an internationally renowned company in the sustainability market, Tesla has many options in expanding their market development. Over the course of the …show more content…
Additionally, we can see from the analysis above that business diversification, such as expanding into the e-bicycle market, is a potential opportunity for Tesla to increase their worldwide image further. However, weaknesses are also evident in Tesla’s company, as their financial liquidity seems to be unstable, leading to potentially large risks when it comes to further investments, or enlarging their business product range.
Ratio Analysis
Finally, we will utilize financial tools to determine whether Tesla is financially healthy enough to finance the option of market expansion. First, we will calculate the current ratio of the company, which indicates the company’s liquidity.
To calculate the current ratio of the company, we use the following equation:
Current Ratio= (Current Assets)/(Current liabilities)
Current Ratio= 6,570,520/7,674670
Current