Open AccessAn insight for the market driving forces: Case of Tesla Model- S
Author(s) -
Doaa Salman
Publication year - 2019
Publication title -
international journal of business ecosystem and strategy
Language(s) - English
Resource type - Journals
ISSN - 2687-2293
DOI - 10.36096/ijbes.v1i2.123
Subject(s) - supply and demand , market analysis , factor market , supply side , economics , industrial organization , foundation (evidence) , microeconomics , elasticity (physics) , work (physics) , engineering , mechanical engineering , materials science , management , archaeology , composite material , history
Market analysis is a diagnostic process to uncover the root causes of how markets perform from an economic perspective. This market analysis will help us understand how the market supply and demand work and what elements affect this performance during 2015-2017. Market analysis provides the initial foundation for the market intervention; this foundation is not constant as markets that are constantly evolving and dynamic. This paper will analyze the factors that affect the supply and demand in the same period in addition to the price elasticity for the Tesla Model - S. Finally, this paper develops an insight into the future of the industry.