Elon Musk's Strategy to Diversify (An Analysis of Tesla and Bitcoin)
  • Author(s): Charity Ilevbare-Adeniji
  • Paper ID: 1705548
  • Page: 375-379
  • Published Date: 27-02-2024
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 7 Issue 8 February-2024
Abstract

Tesla Motors, a pioneering company in the auto-motive industry known for its innovations in electric vehicle technology, has recently entered the cryptocurrency world. This move marks a significant shift from its traditional business domain, arousing interest in industry experts and enthusiasts. As a company that consistently pushes the boundaries of technology and sustainability, Tesla's foray into Cryptocurrency represents a bold convergence of two dynamic realms. The strategic merit of Tesla's venture into Cryptocurrency necessitates a comprehensive examination of various factors. Paramount among these considerations is the alignment of this move with Tesla's overarching vision and mission, as well as the evolving landscape of Cryptocurrency over the next 5 to 10 years. By scrutinizing these factors, we can better gauge the potential implications of this bold maneuver.

Keywords

Tesla, Bitcoin, Elon Musk, Strategy and Practice

Citations

IRE Journals:
Charity Ilevbare-Adeniji "Elon Musk's Strategy to Diversify (An Analysis of Tesla and Bitcoin)" Iconic Research And Engineering Journals Volume 7 Issue 8 2024 Page 375-379

IEEE:
Charity Ilevbare-Adeniji "Elon Musk's Strategy to Diversify (An Analysis of Tesla and Bitcoin)" Iconic Research And Engineering Journals, 7(8)