Bargaining Power of Customers The initial bargaining power of customers will be low for companies such as Tesla who are planning to have their cars ready for 2018 because many other companies are not planning to have their cars out until at least 2020. This will leave the customers with very low bargaining power because […]

The innovation of autonomous technology is beneficial to society, but does come with some related costs.  With the rise of this technology, various sectors such as truck drivers or taxi drivers may become obsolete.  For example, recently Uber presented it’s version of a self-driving truck, which delivered goods in the state of Colorado. Presently, autonomous features […]

Cybersecurity is a major concern surrounding the autonomous vehicle industry.  The sheer amounts of automated systems in a car creates concerning security flaws.  For example, the engine, breaks, infotainment system, autonomous driving software and other hardware all belong to a local network inside the car. Hackers can potentially compromise the safety of the passengers of autonomous cars; […]

Cost Leadership Across Industry Cost Leadership Within Industry Segment Product Differentiation Across Industry Product Differentiation Within Industry Segment It is possible to be a cost leader; one example is Tesla, who manufactured their own battery and were able to cut costs by 30%. Despite this, it is not possible for every firm to be a […]

A driverless car is a vehicle with features that allow it to accelerate, brake, and control the steering wheel while maintaining very limited…