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 is doing business with the shared value creation framework in mind.
Internal Environment Analysis
Tesla Motors has many core values to which it has built its corporation. Honesty, respectfulness,…
Elon Musk has never been shy to spend an 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…
Tesla Motor is quickly becoming a very well known name in the Automotive Industry. Having launched in 2003 under the leadership of successful entreperneur, Elon Musk, it has quickly established itself in the electric-automotive industry having released three relatively successful car models thus far. It's car portfolio has strategically segmented the market as each car appeals to a different target market. They originally released the Tesla Roadster which is a sports car capable of high…
Today, after the launch of Model-S, TESLA gains the high amount of profit and get the strong position in the competitive environment under which TOYOTA, HONDA and others has already got a secure position. The roadster was the first product of TESLA, but it was not affordable prices. TESLA is using the EVs technology instead of an automobile oil system. Its products are environment friendly and save the travel cost. Because of use of modern technology TESLA has a big market only in…
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…
I consider Elon Musk to be one of the greatest CEOs of our time. He was the founder of Zip2, an online directory service, and PayPal. Musk is presently CEO and CTO of Tesla Motors, a manufacturer of electric vehicles, and SpaceX, a designer of space transport services. Through my analysis of Musk’s exploits, I conclude that his strength as a leader is threefold: his ability to inspire others with his vision, his unwavering motivation to seek profitability through sustainability and purpose, and…
IB Business Management Internal Assessment (SL)
Should Tesla develop e-bicycles to sell in the United States to expand its presence in the sustainability market?
IB Candidate Number: gwv306
I. Introduction 3
II. Findings and Analysis 4
III. Synthesis of tools 8
IV. Conclusion 8
V. Supporting Documents 8
VI. Bibliography 9
After going public with their first car, the Tesla Roadster, in the United States, Tesla quickly became an internationally…
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…
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 personally participates in designing of electric cars and spaceships. Elon Musk was the…
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 better than…