Executive summery of Tesla Motors. Inc Essay

1225 Words Nov 25th, 2013 5 Pages
Executive summary of “Tesla motors. Inc”

Company information
Tesla Motors is a public trading company in the automotive industry that was founded in 2003 by a group of engineers from the Silicon Valley in California. Core founders of Tesla Motors are Elon Musk, Martin Eberhard, Marc Tarpenning, JB Straubel and Ian Wright. Its headquarters are in Palo Alto, California. The CEO of the company is Elon Musk. It has over 3000+ employees. Tesla motors have their cars in thirty seven countries worldwide and continuously expanding. Tesla also opened an assembly and distribution centre in 2012 for all of Europe in Tilburg, Holland. This factory will house between 50-60 jobs starting off with room for growth depending on sales. Having a
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However, the three Model S fires, which only occurred after very high-speed collisions and caused no serious injuries or deaths, received more national headlines than all 250,000+ gasoline fires combined. The media coverage of Model S fires vs. gasoline car fires is disproportionate by several orders of magnitude, despite the latter actually being far more deadly.”
This is major reason that the share price slumped recently but as is proven above it is more due to speculation and media opinion on the matter, trying to take down the golden boy of automotive industry with regard to safety. However Tesla motors are still very highly ranked in the stock exchange in comparison to its competitors, who unlike Tesla Motors have been in the market for a considerable length of time more.

Company name Price
Change
Chg %

Mkt Cap
TSLA
Tesla Motors Inc
126.09
+4.51
3.71%

15.46B
TM
Toyota Motor Corp...
126.24
-1.41
-1.10%

200.03B
DDAIF
Daimler AG (USA)
80.64
+0.26
0.32%

86.20B
GM
General Motors Co...
38.01
-0.56
-1.45%

52.79B
F
Ford Motor Company
16.87
-0.11
-0.65%

66.46B
HMC
Honda Motor Co Lt...
40.97
-0.26
-0.63%

73.84B
AUDVF
AUDI AG VORMALS AUDI
847.00
0.00
0.00%

36.42B

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