Nikola Tesla

Tesla Motors is taking the world by storm. Cofounder and CEO Elon Musk has helped the company be one of the most talked about motor vehicle company. A major focal point of Tesla is to produce environmentally friendly cars that are also tech savvy. Starting as a small company back in 2003 Tesla has since grown exponentially thanks to Elon Musk. He is a mastermind when it comes to marketing and bringing in funds. Tesla Motors is a motor vehicle company that is different from the rest. They provide…

Pierre Lys Tesla Motors Tesla is quite an interesting company that seems to be ahead of the game In terms of car manufacturing. They have set out to try to be the most cost efficient company there is. CEO Elon Musk has a wide range of great ideas that have to do with saving our ecosystem and our money due to the use of solar panels. Although Elon Musk is trying to save us money is he really benefiting his company along the journey? Join me as we take a deeper look into the company Tesla one of…

Tesla, Inc. (formerly Tesla Motors) is an automaker, energy storage company, and solar panel manufacturer based in Palo Alto, California (Burns, 2015). The company is named after the famous electrical engineer and physicist Nikola Tesla and was founded in 2003 by Martin Eberhard and Marc Tarpenning, two engineers who wanted to prove to people that electric vehicles could be better, quicker, and more fun to drive than gasoline cars (Tesla, n.d). During the early years of its incorporation, Tesla…

Introduction of the Organization Incorporated in 2003 and named for genius, Nikola Tesla, who invented the AC induction motor used in the Tesla Roadster, Tesla, Inc. was the brainchild of Silicon Valley engineers. The founding partnership between Martin Eberhart and Marc Tarpenning expanded to include fellow engineer, Ian Wright and product designer, Malcolm Smith. Several rounds of significant capital funding began when Elon Musk provided the initial financial investment, and became the…

Tesla motors was found by Martin Eberhard and Marc Tarpenning in 2003 by engineers in Silicon Valley. Tesla is the newest successful American motor company since Ford motors 111 years ago. These engineers wanted to prove to the world that electrically powered cars could be better than gas cars. Tesla’s first design was a sports car powertrain built around an AC induction motor which was patented in 1888 by Nikola Tesla. Then in 2008 they released this car as the Tesla Roadster. It amazed the…

Mission Statement: Tesla Motors’ mission is to create and sell vehicles that will aid in the ability to better the environment. We want to move the world towards sustainable energy. The mission statement above is a great representation of what the corporation is aiming towards. Tesla develops and sells electric cars. The corporation was created in 2003 for that sole purpose. Tesla is working towards proving to the world that electric cars can be better than gasoline automobiles. The corporation…

exuberant amount of money in order to fulfill his ambition. Musk spent over $100 million in SpaceX, over $70 million in Tesla Motors, and over $10 million in Solar City upon entry into these markets without foreseeable returns (Vance, 2015). Musk dedicates large sums of money towards creating production facilities. Making up for the equipment expenditure relied on profits made from the Tesla electric vehicles and investor confidence (Vance, 2015). The companies typically faced similar issues:…

Tesla Motors Overview Tesla Motors was founded in July 2003 by Martin Eberhard and Marc Tarpenning with Elon Musk joining the company in February of 2004 providing the majority of the company’s financing in the beginning. The goal of Tesla was and still is to create affordable electric vehicles to the mass market. The initial goal was to start with a premium sports car for early adopters which would then help to finance the company’s sedans and compacts. Today, Tesla has established itself as…

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…

Tesla is an emerging company in the automobile industry that offers luxury electric cars and its footprint in the world is steadily growing. On various reports about the company Tesla, a statement about the company says, “Tesla Motors design, develop, manufacture and sells fully electric storage vehicles and storage products.” (Merchant Equity Report, 2016) With the concern about climate change and the environment more people are willing to switch to electric cars, not only to save the…