Demand and Supply by NTSDE https://padlet.com/NTSDE/l32gf4oyii2emheh Scenario: Tesla’s Sales Decline Amid Political Controversy Recently, Tesla CEO Elon Musk has been involved in political controversies that have drawn both support and criticism from consumers. Some media reports suggest that this has negatively impacted Tesla’s sales, as a portion of the market is now reluctant to purchase Tesla vehicles. Meanwhile, increased competition from other electric vehicle (EV) manufacturers, such as BYD and traditional automakers, has also influenced Tesla’s market position. Additionally, higher interest rates have made it more expensive for consumers to finance vehicle purchases, leading to an overall decline in demand for cars, including Tesla models. At the same time, Tesla has increased production capacity with its Gigafactories, leading to a higher supply of vehicles in the market. Task: Analyse the Demand and Supply Changes in the Tesla Market 1. Graphing Activity o Using the supply and demand model, illustrate how Tesla’s demand and supply curves might shift due to the factors mentioned above. Demand Supply New Equilibrium en-us 2025-02-10 01:23:58 UTC 2025-02-11 01:19:00 UTC hello@padlet.com https://padlet.net/icons/png/1f4ac.png jakebatesbrannan https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323390608 Demand is decreasing while supply is increasing

]]> 2025-02-11 01:16:08 UTC https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323390608 jamiejessup https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323391901 The demand is decreasing due to political, and competetive factors. The supply is increasing.

]]> 2025-02-11 01:17:16 UTC https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323391901 jakebatesbrannan https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323393021 2025-02-11 01:18:10 UTC https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323393021 titobamidele https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323393954 The demand for tesla is actively declining, while the supply and production of tesla is increasing, which will lead to wastage and lack of cost effectiveness for the company.

]]> 2025-02-11 01:18:59 UTC https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323393954 https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323394877 Tesla supply is increasin, the demand is decreasing


Byd is an alternative which means tesla sales are going down

]]> 2025-02-11 01:19:45 UTC https://padlet.com/NTSDE/l32gf4oyii2emheh/wish/3323394877