Kellogg company | Business & Finance homework help
One company that could be a profitable candidate for the corporation to acquire or merge with is Tesla. With its impressive lineup of electric and hybrid cars, Tesla has quickly become one of the most recognized and respected names in the auto industry. Not only does it have an established product line but also cutting-edge technology such as self-driving software, which are both highly sought after by companies looking to invest in this space.
Furthermore, acquiring Tesla would grant immediate access to a well-established customer base around the world while adding tremendous value to the company’s bottom line–Tesla already boasts over 500 million dollars in annual revenue. Additionally, combining forces with Tesla would allow for greater technological advancements as they continue to push their research and development further into uncharted territories.
In conclusion, merging or acquiring Tesla would bring many advantages to any organization looking for long-term profitability. Not only does it provide an increase in market share and brand recognition but also considerable access to innovative technologies that can be leveraged for future growth.