PESTEL encompasses the most relevant factors that affect a business. It includes the Political, Economic, Social, Technological, Ecological, and Legal factors. Tesla is a luxurious car brand that has international fame for its unique features. Strategies like Tesla PESTEL analysis helps one understand how companies like Tesla have established themselves as a brand in the automotive industry within a few years. Tesla's PESTEL analysis has helped the company understand how the macro environment is directly related to business growth. It indicates that Tesla has growth opportunities in the global automotive market.
