E-Commerce and FinTech Potential Client for Tesla

E-Commerce and FinTech Potential Client for Tesla
Author’s Name
Institutional Affiliation
Course Code and Name
Professor’s Name
Date
E-Commerce and FinTech Potential Client for Tesla
Tesla Inc. is a renowned American corporation that manufactures, develops, leases, designs, and sells electric cars. The company also generates energy and storage systems. The company can significantly benefit from financial technology (FinTech) and electronic commerce (e-Commerce).
E-Commerce entails selling and purchasing products and services on the Internet. Currently, electric vehicles are highly recommended to reduce pollution, which is why Tesla should ensure that these cars are readily available for its potential customers globally (Tendon, Rastogi, & Verma, 2020). Tesla is well-known for its innovation and automation. In that light, the company can benefit from e-Commerce so that its clients can buy Tesla’s products online and track their orders until they are delivered. The most significant things about e-Commerce are that it increases productivity, reduces overhead costs, and improves the effectiveness of the supply chain by preserving resources and maximizing the output.
Furthermore, FinTech is vital for Tesla since it will enable the company to automate and improve its financial services. The financial technology will ensure that Tesla’s stakeho...