In the case discussing the electric car industry, which pestel factor is highlighted as the most important factor favoring a startup firm such as tesla motors? technological factors social factors economic factors ecological factors supplier factors
the answer is technological factors. A company is considered to have a favorable technological factor if it managed to produce products with more advanced technology compared to other competitors. Tesla motors is regarded as the first company that able to mass produce electricity powered automobile which performance are comparable to Oil-fueled automobiles.
