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  • Tesla Motors Case Summary

    RECOMMENDATIONS “We have this handy fusion reactor in the sky called the sun, you don’t have to do anything, it just works. It shows up every day.” – Elon Musk, CEO Tesla Motors Unfortunately for SolarCity, the punctuality of the sun is not going to be enough to assure the success of the company. The evolving industry of solar energy requires a fast responsive approach. For this reason at the end of the analysis it is possible propose some possible suggestions for the future developments of the company. The only glimpses of a future strategy that we can get by the case is the intention of de-emphasize the residential customers expressed by the CEO. This strategy might help reduce the growing debt of the company and reduce the costs, in particular the ones connected with marketing. Following this strategy the company might consider reducing the sales-network efforts and focus on other priorities like R&D and the improvement of the quality of the service. This scenario might also help reduce the pressure on the utilities companies and therefore reduce competition, even though the residential customer are at the moment the greatest source of revenues for SolarCity. Another viable strategy could be investing in the upstream. As underlined in…

    Words: 1329 - Pages: 6
  • Elon Musk Is The Inspiration For The Character Of Tony Stark

    to the International Space Station. According to Bogdan, this company received a National Aeronautics and Space Administration contract that is worth $3.1 billion dollars from NASA in 2008. For the mission, SpaceX has flown ten supply rockets to resupply the Space Station. Moreover, SpaceX developed the reusable spacecraft named Dragon that could travel in space. With these successes, SpaceX is now developing Falcon Heavy which could carry payload weighing more than twice than the payload of…

    Words: 725 - Pages: 3
  • Personal Narrative Essay: Solar Energy

    mentioned problems, a company called SolarCity may have a solution. SolarCity is a full-service solar power systems provider in Oregon. They claim to take care of every step of the way in making homeowners transition to solar power as smooth as possible. SolarCity makes it easy and affordable for Oregon homeowners and businesses to go solar. With their system design, financing, free solar panel installation, and system monitoring, there is no going wrong with SolarCity. They offer solar products…

    Words: 1942 - Pages: 8
  • The Leadership Of Elon Musk

    Paypal. SpaceX. Tesla Motors. SolarCity. These are some of the most cutting edge and industry leading companies in the world, and they all have one thing in common: their South African-born leadership. Elon Musk is at this point a name known by people young and old across many disciplines, whether in business, investing, or engineering. His net worth is estimated at $11.4 billion as of October 31st, 2016, making him the 94th wealthiest person in the world (Forbes, Elon Musk). His companies also…

    Words: 1995 - Pages: 8
  • Elon Musk Case Analysis

    AN ANALYSIS OF ELON MUSK’S EMPIRE INTRODUCTION Elon Musk has revolutionized the technology industry with his environmentally conscious business efforts. Although his ventures often show massive potential and growth, there are some downfalls that make it uncertain to invest in. CHALLENGES Reliance on the fossil fuel industry. Musk follows an aggressive agenda towards renewable energy, and this reflects in his ventures. Tesla broke into the automobile market by introducing zero-emission battery…

    Words: 982 - Pages: 4
  • Solar Evolution Essay

    one day outcompete li-ion batteries. Many Massachusstts-based startup companies are using high-powered computing, nanotechnology, new printing tech, and other next-generation battery innovations to change the way the world stores energy with next-generation battery technology (GigaOM). Facing many initial barriers, such as the funding gap commonly referred to as the “Valley of Death,” it will be a little longer before these early-stage companies can achieve commercialization. Fortunately,…

    Words: 1310 - Pages: 5
  • Tesla Motors Master Plan

    Within just two days of the announcement, almost 300,000 pre-orders had been placed for the car worldwide (Hern, 2016). Despite Tesla’s production plan to increase to a rate of 500,000 vehicles a year by 2018, the company has started to show in recent years that they want to be much more than just an automaker. In 2014, Tesla announced plans to build a Gigafactory – a large scale facility designed to significantly reduce battery cell costs (Tesla, n.d). Just a year later, they would also…

    Words: 773 - Pages: 4
  • Tesla Future

    burn and civilization will collapse. At the same time, we know that burning fossil fuels dramatically increases the atmospheric and oceanic carbon levels to skyrocket. And the faster we take action on this issue and try to resolve it by becoming more sustainable the better it will be for the future and the world. Master Plan is to extend far beyond the corporate vision for Tesla, but stretch out a plan that puts the delivery of a sustainable world on the fast track. Part one of the plan deals…

    Words: 1619 - Pages: 7
  • Solar Energy: The Best Alternative Energy Resource For The Bronx

    The document “The energy story” states, “the solar cells and solar panels that are needed to harness solar energy tend to be very expensive”. This is showing that the cost of producing solar energy in the night could not cost efficient. Although this may be true solar energy saves electricity so the money being used for the electricity bill could now be used to pay for the solar panels at different weather conditions. The article “Solarcity” states, “When you begin to generate your own solar…

    Words: 701 - Pages: 3
  • Tesla Mission Statement

    ongoing research, relief assistance, and production sustainability. Tesla’s Gigafactory, set to be complete in 2020, projects to be the largest building in the world, however, completely powered by renewable energy in hopes of achieving net zero energy. For a factory with a footprint of 1.9 million square feet, this is an impressive feat to be recognized (Telsa Gigafactory 2017). For relief assistance, Tesla donated solar panels and batteries to restore electricity in a children’s hospital when…

    Words: 1103 - Pages: 5
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