SolarCity

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…

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…

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…

method to build tunnels by using materials from the earth extracted while mining that were converted into brick for tunnel lining and structures (Johnson). The next way that Musk is going to protect the environment is by using and sharing the method of solar power. His car company, Tesla, recently bought a company called SolarCity as part of their environmental protection movement. The ultimate goal of SolarCity is to increase the use of solar power (“Tesla and SolarCity”). SolarCity is…

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…

As an entrepreneur, he founded many successful businesses, such as Tesla, SpaceX, and SolarCity. However, he founded many of them with the environment in mind. For example, tesla is an automotive car manufacturer which mass produces luxury electric vehicles, and SolarCity is aimed at provided homes with solar panels which are a form of green energy. Using these businesses, he changed the world because he was able to make something helpful to the environment, popular and in use by millions of…

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…

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…

him down the stairs then hit him until he was unconscious. They could not stop him - he continued working hard in school and learned how to program computers at twelve years old. By getting bullied, Musk seems like less of a superhero and more like a regular guy who people can relate to. In every circumstance, it is crucial for followers to feel some type of connection to a given leader. Later, Musk briefly attended Stanford University and started a software company. He sold the company, Zip2,…

The two people I would consider to be excellent leaders is Elon Musk and Tom Brady. Elon Musk is a transformational leader. He is an entrepreneur, engineer, investor, and inventor. Some of his well-known attributions is with SpaceX, PayPal, SolarCity, and Tesla Inc. Musk is one of the wealthiest people in the world. His leadership goals are to revolve his visions to change the world’s humanity. He supports sustainable energy production and consumption to reduce global warming. Including, the…