Why do firms that pursue related diversification strategy tend to outperform others?

1.Why do firms that pursue related diversification strategy tend to outperform others?

Read Elon Musk’s Big Bets article and answer these 2 questions:

1. Assess Tesla’s overall strategy in the electric vehicle industry: Is Tesla pursuing a sustainable business model as an automaker?

2. Should Elan Musk drive Tesla to become a large automobile company, a battery company, a sustainable energy company?

^{"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."}