tailieunhanh - Macroeconomic Analysis of Countries Selected for Tesla Model 3 Global Expansion

The purpose of this analysis is to leverage the macroeconomic indicator extract from public data source that impact countries that can help inform decisions on choosing final candidate for Tesla Model 3 global expansion and investment project. | Macroeconomic Analysis of Countries Selected for Tesla Model 3 Global Expansion Background Developing countries depend heavily on imports of foreign oil and heavy oil consumption is widely unregulated that cause extreme air pollution. Electric cars can reduce dependency on oil fuel consumption and greenhouse gas emission. Despite higher initial costs electric vehicles have the potential to save money and help communities become healthier and more energy independent. Electric vehicles are making much more economic sense and their environmental benefits will soon see them become widely adopted. Forward thinking governments started to provide additional incentives at the time of purchase Although initially electric vehicles by Tesla were very expensive and targeted for customers less sensitive to price the company business strategy more recently has also been focused on bringing down the cost of battery which in turn allow them to offer cheaper and higher volume cars. The most recent Model 3 and the Model Y are priced much lower and aimed at a higher volume market selling over 100 000 vehicles each quarter. Tesla continuously updates the hardware of its cars rather than waiting for a new model year as opposed to nearly every other car manufacturer. Outside United States Tesla opened its first quot Gigafactory quot in China and Germany between 2019- 2020 and aim to expand market share in Asia Mideast and Europe. Purpose The purpose of this analysis is to leverage the macroeconomic indicator extract from public data source that impact countries that can help inform decisions on choosing final candidate for Tesla Model 3 global expansion and investment project. The analysis compares top 2 countries selected in previous assignment based on indexing and ranking. Looking at both dynamic economic indicators trend over past 5 years as well as static indicator of most recent year will help decide which one is best fit for investment project. Data Source GDP per capita .