1. What are the key elements of Tesla Motors’ strategy? Unlike in the use of gasoline internal combustion engines, Tesla motors have revolutionized the motor industry with the introduction of an electric powered automobile. By utilizing the rotor, the Tesla company as engineered their vehicles to propel a better and enhancive feel in the transport arena. To achieve their success in the marketing field, the Tesla Company has had to improve their marketing strategy unlike the strategies used by traditional automobile strategists. The approach used by the company articulates to the successful marketing strategies used by the Apple computer. Standing among the fundamental forces behind the introduction of sustainable electric vehicles in the world, one of the essential strategy elements include technology and product enhancement. The introduction of new batteries that can run cars efficiently at…
Tesla Motor is an American car company that was establish in July 1, 2003, in which they design electrical cars and all components related to it. The name is inspire by Nikola Tesla, an inventor in 1888. Elon Reeve Musk is the CEO of Tesla Motor, but he is also known as the CEO of SpaceX and the inventor or PayPal. Tesla produces its vehicle in a factory in Fremont, California but has other factories in specialized production. As of November 17, 2015, at 2:54 P.M. EST, NASDAQ has listed the…
Financial Statement Research Tesla Inc. has improved their financial status from 2015 to 2016.Their most significant improvements have been increasing their total equity from 1.1 billion to 4.7 billion, an increase by 320%! This is caused by a spike in both total assets (up 180%) and total liabilities (up 141%). The question is, where did these assets come from? Well, Tesla merged with SolarCity on Nov. 17th, 2016 [19], which is right around when Tesla’s total assets increased significantly…
When you hear the word "Tesla", what comes to mind? Let me guess,....cars, right? Well, that was the answer I was hoping you were thinking about and the direction I knew you were headed towards. This idea of Tesla being closing connected with cars has been an "ideal" concept that has been implanted in our minds from generations to generations. We have tagged these two together so that we are able to easily associate them with being involved in the automotive industry. It is a fact that Tesla,…
Company Overview Named after the inventor Nikola Tesla, Tesla Motors was founded in Silicon Valley on July 2003. It is an American motorized and energy conserving company that designs, develops, and sells electrics cars and vehicle powertrain gears and battery merchandise made in their factory in Fremont, California. The founders wanted to introduce electric cars to the world which are environmentally friendly with no emissions and incredible power to show that electric cars can in fact be…
Background Tesla, Inc. is an American company that specializes in electric automobiles, energy storage and solar panel manufacturing based in Palo Alto, California. Founded in 2003, the company specializes in electric cars, lithium-ion battery energy storage, and residential photovoltaic panels. As of late 2017, Tesla now employs over 37,000. CEO Elon Musk said that he envisions Tesla as a technology company and independent automaker, aimed at eventually offering electric cars at prices…
fraction of those cars are electric and don’t pollute the air like gas cars do. Tesla, How will electric cars revolutionize the transportation industry. Tesla Motors first started in June of 2003. Martin Eberhard and Marc Tarpenning were the ones who started the business and played a big role in the company before Elon Musk stepped in. They financed the company until the Series A round of Funding and soon after Elon Musk stepped in. Being the co-owner of online payment system PayPal he made…
Tesla Incorporated: Out of this World Designs Tesla Incorporated is a unique company. Initially called Tesla Motors, this design company was founded to equalize the playing field for electric cars. “In 2003, a group of engineers created a car enterprise company which would become Tesla Incorporated” (“Tesla.” 1). At first, the company strived to make a name for itself solely in the car industry. But after releasing so many models of green and energy efficient vehicles, the engineers…
Why Tesla is taking over the world. Tesla has one feature that a lot of other cars company don't have. The car is fully electric but there's a con about having a fully electric car, It takes an amount of time to charge the car. There are multiple Tesla recharging stations all around the world. It takes 30 minutes to charge the car to around 170 miles. The car can go 0 – 60 in a matter of 2.5 seconds. How you may ask, Tesla is fully automatic so that means they're no gears. The Tesla can…
Nikola Tesla The inventor Nikola Tesla lived from July 10, 1856 to January 7, 1943, he was a well-known engineer who designed the alternating-current (AC) electric system. He was born in what is now Croatia; he came to the United States in 1884 and worked for Thomas Edison for a while before they both went their separate ways. Tesla sold several patent rights to George Westinghouse; one of those was his AC machinery. During Tesla’s career he discovered, designed and developed ideas for a number…