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ECONOMIC FORCES - Coggle Diagram
ECONOMIC FORCES
TESLA
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Exchange Rate
Tesla's market capitalization surged above $600billion, making Tesla the U.S auto industry of 2020.
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Profitability
The daily increased boosted Musk's wealth by 2.6$ billion, the biggest gain of the year.
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Inflation
With the increase in demand price, supply in the market increases.
Consumer Demand
Employment, consumer confidence
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Environmental Scanning
Economy technology, legal issues
Currency Exchange System
It is determined by interest rates,competitiveness,rate of growth.
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