BSBINN502 Assessment Task 1 Part 1A Research Report on an Innovation System 1.1 The Profile of Elon Musk Elon Musk is the CEO and CTO of SpaceX, CEO, Chief Product Architect of Tesla Motors, Chairman of SolarCity, and Co-founder of PayPal. Musk is also involved in developing a high-speed transportation system known as Hyperloop. Elon Musk invests in the projects which can positively change our world. He is not only an entrepreneur but also an inventor, an innovator, and an engineer. Musk…
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…
innovation ever experienced in technology. There are smartphones which combines a computer’s operating system with the cellular feature in a pocket size device. There are also electric cars which are vehicles that are propelled by one or more electric motors, using electrical energy stored in rechargeable batteries. I believe both technology have changed people’s lives and stimulated economic growth however it also holds a major privacy and safety threat into our future if not optimized…
Elon Musk is, from my point of view, one of the most important character in my generation. He created Tesla, a company that develops electrics cars, Paypal, a intelligent and useful way to pay by internet. He also created Zip2, a program that he define as a primitive Google Maps that meets Yelp. The most important of all his projects is SpaceX. This company/project is suppose one day to help the human race to move on Mars. He also developed SolarCity, a company that produce solar panels so they…
Alternatives 1. Competition between Tesla Motors with other brands i. Tesla the 4,80-pound Gorilla - Three all-wheel drive version that are able to go for faster acceleration - Can run up to 300 miles per charge. - Have a Auto Pilot system which enable semi-autonomous drive and parking capabilities - Cost $71,200 ii. Volkswagen e-golf - More able to maneuverer easily while the vehicle is moving, - Have a better size interior with room for five person. - Performance are fast as most all other…
The Industrial Revolution was an era of monumental change for the world. Before the 18th century, cultures had an agricultural lifestyle with kings, lords and dukes as if from a story. But with the invention of the steam engine, these societies began to transform into nations - nations that competed, helped, and destroyed each other; a new world was emerging. Machinery improved, technologies advanced, and the modern world started to form. Capitalism, Socialism, and Communism all began to replace…
Evaluating the Efficiency of Tesla Motors Inc. Nowadays, efficiency considerations are an integral part of corporate planning. For different types of companies, there are always some different perspectives which make them efficient. According to Nordqvist (2014), Tesla Motors Inc. is an American company built in July 2003 by Martin Eberhard and Marc Tarpenning. The company focuses on design, developing manufactures, and selling electric cars and electric vehicle powertrain components. Although…
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 Model S is regarded as an “evolution in automobile engineering” (Teslamotors.com, 2015). With its dual motor feature at the front and rear wheels (see Figure 2 above) resulting in “unparalleled traction control in all conditions”, Tesla Model S is a definite enhancement on a usual conventional four-wheel drive system. (Teslamotors.com, 2015) Every individual Model S is constructed to be lighter, smaller and more efficient to provide both faster acceleration and improve range, enabling the…
Tesla Model S Sedan: An example of ad Project Management (Disclaimer, I am a huge fan of the Tesla product line) Elon Musk, CEO of Tesla Motors, has put together something no one previously thought was possible. An electric car that is practical and luxurious. Tesla sales have increased, 52% in Q2 2015 and are expected to continue to rise as more people become fed up with the oil industry and want to make a positive impact on the environment. Additionally Tesla cars have scored the highest…