Telsa’s new products have been successful, in part, because they have a well-defined new product strategy at their core and are driven by the corporate objectives and strategies of using electricity over gasoline when designing automobiles. True or false?

The statement is: True.

Explanation:

The new product strategy comprises a series of steps that guide companies to sport common problems that concern a determined society or an overall sector of a market. With the help of innovation, the new product strategy aims to solve that problem also with the use of technology and resource allocation.

Tesla's new line of autonomous-driven electric vehicles is an example of the implementation of the new product strategy. Tesla's electric solar-charged cars are an alternative to the big problem of oil: scarcity. Besides, it has developed a system that allows drivers to enjoy more of their trips thanks to the help of the driving-assistant system.

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