Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

The Impact of Strategic Alliance on Corporate Performance: Evidence from Tesla

Authors
Yihua Chen1, *
1Chen, Yihua, School of Accounting, Shanghai University of Finance and Economics, Shanghai, 200433, China
*Corresponding author. Email: 2020121278@live.sufe.edu.cn
Corresponding Author
Yihua Chen
Available Online 1 July 2022.
DOI
10.2991/aebmr.k.220603.036How to use a DOI?
Keywords
Tesla; Panasonic; Strategic alliance; Corporate performance
Abstract

Nowadays, issues like sustainable development and clean energy have drawn the attention from all walks of life. As a result, the electric vehicle industry is developing ever rapidly, and one of the most successful manufacturers of electric vehicles, Tesla, has caught people’s sight. Behind the success of Tesla as a technology giant, one corporation must be mentioned, Panasonic. Having established an equity strategic alliance with each other, Tesla and Panasonic have been engaging in unprecedented research and development cooperation in lithium-ion battery technology. This essay emphasizes the impact of such strategic alliance on corporate performance from Tesla’s perspective through thorough business analysis and financial analysis. The results denote that the strategic alliance has exerted a positive impact on Tesla’s technology innovation, profitability and overall competitiveness, although potential risks including overdependence and relationship crisis have occurred to Tesla as well.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
1 July 2022
ISBN
978-94-6239-585-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.220603.036How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

TY  - CONF
AU  - Yihua Chen
PY  - 2022
DA  - 2022/07/01
TI  - The Impact of Strategic Alliance on Corporate Performance: Evidence from Tesla
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 206
EP  - 212
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.036
DO  - 10.2991/aebmr.k.220603.036
ID  - Chen2022
ER  -