ESSAY: FUTURES RESEARCH IN MY ORGANISATION Please write an essay; minimum 4 pages (Word-document; not counting title page, contents page, sources and appendices into these four pages) on futures...

Running Head: FUTURE RESEARCH IN MY ORGANISATION                1
FUTURE RESEARCH IN MY ORGANISATION                         9
FUTURE RESEARCH IN MY ORGANISATION
Table of Contents
Introduction    3
Overview    3
Tesla Motors    3
Research Reason    4
Resources and Research    5
Framework    5
Perspective    6
Data Collection    6
Transportation Future    7
Conclusion    7
References    9
Introduction
Change is on the horizon for the first time in nearly a century. “Almost major carmaker is working on electric vehicles, from behemoths like Toyota and GM to start-ups like Tesla and Fisker. According to some industry analysts, the majority of new automobiles will be electric within the next two decades. Others say that the internal combustion engine will be around for a long time (Perkins & Murmann, 2018).
Tesla Motors will be at the forefront of the worldwide electric revolution, which will alter our nation's infrastructure, the global economy and how we think about transportation today. Tesla has led the change by mass manufacturing the first line of all-electric automobiles as the first public American automotive manufacturer since Ford. If we want to alter the world for the better, we must thoroughly examine the domestic, international and environmental repercussions of the shift by future researches.”
Overview
The invention of the vehicle had a far-reaching impact on our civilisation. What began as a symbol of riches for the wealthy has transformed u
an architecture, employment patterns, products distribution and economic and international policy. Despite their importance in our lives, automobiles continue to be powered by the same internal combustion engine that was invented in 1879 (Shao, Wang & Yang, 2021). There are nearly one billion automobiles on the road in the globe and as the middle class in emerging countries grows, this number will only rise.
Tesla Motors
Tesla Motors, created in 2003 by a group of engineers and entrepreneurs, sparked a shift in the automotive industry toward a more environmentally friendly future. “Tesla chose to manufacture in California, away from the Big Three's home base of Detroit. Tesla's Palo Alto offices reflect the company's disdain for the status quo as well as its concentration on cutting-edge technology (Shao et al., 2021).
Despite the fact that the automobile industry includes hundreds of competitors, power remains concentrated in the hands of a few industrial behemoths: GM, Toyota and Volkswagen are the three largest. Consumer power is quite high in the traditional car sector, thanks to cheap switching costs and a large selection of largely interchangeable products.
Meanwhile, the vast quantity of capital and wide networks constrain supplier influence, ensuring that input price remains competitive. Due to the capital-intensive nature of production and development, new entrants face high entry ba
iers. For nearly a century, the established nature and familiarity of internal combustion engines has neutralised any danger of alternatives.
Electric cars have gained the most traction so far, but hydrogen-powered vehicles and natural gas powertrains are also feasible long-term options. An Intra-industry competition is still fierce, as manufacturers lower costs and invests in R&D to gain a competitive advantage. Tesla is now the sole participant in the high-end, luxury EV market and as its technology and convenience trickles down into its more...