Tesla offers the most _________________ strategy of any in the industry.
A) broad cost leadership
B) broad differentiation
C) focused cost leadership
D) focused differentiation

Question

Quizplus · Accepted Answer

Tesla's strategy is one of focused differentiation. They focus on producing high-end, electric luxury cars with innovative technology and performance, which differentiates them from other automakers. They do not aim to be the lowest-cost producer, but instead focus on providing unique value to their customers, which justifies their higher prices.

Tesla Offers the Most _________________ Strategy of Any in the Industry