Analysis Of Tesla

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The political system in Singapore is highly conducive to the development of enterprises and new businesses entering the market. One of the reasons for this is the fact that Singapore is considered to be one of the most transparent nations in the world (Transparency International Survey). The Singapore government has an initiative called the PS21 (Public Service for the 21st century), which is in place to ensure that the legal system remains transparent for all business, local or foreign. As a result, the low level of bureaucracy makes it very easy for new business to enter the market and compete with the existing industries. Tesla will not be held back by large amounts of red tape and can immediately be competitive in the electric car market. The Singapore government has enforced a Competition Act through the Competition Commission of Singapore to ensure that any competition that takes place in the market is fair. Consequently, Tesla will not have to be concerned about competing against opponents in an unfair environment. Singapore is rated with the fifth lowest levels of corruptio...

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