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Tesla Motors Essay Topics & Paper Examples

Elon Musk

Elon Musk is a South African American who has created many great things. He started by co-founding PayPal the leading global payment transfer provider. The company came to be with the help of two companies, X.com created by Elon Musk and Confinity created by Peter Theil and Max Levichin. Elon was the chairman of PayPal until he sold it to eBay in 2002 for 1.5 billion. After selling PayPal in 2002 he founded spaceX a space technology company. He has invested 100 million dollars into SpaceX. This company works on creating new technology for space. They have created several rockets and spacecrafts. In 2008 SpaceX received a 1.6 billion Dollar contract from NASA to build 12 cargo flights replacing the…

Embracing Technological Change

To what extent is embracing technological change the most significant factor in the future success of UK manufacturing businesses? Justify your answer with reference to your own research and the item above. (40 marks) Technology is the application of scientific knowledge for practical purposes, especially in industry. It can be argued that skills and other factors are considerably more important than technological change, for the future success of UK manufacturing businesses. Yet I disagree, I view technological change to be the most significant. In this essay, I am going to talk about several companies in which technology is vital. Firstly, within the Food sectors, technology is absolutely essential. This is due to the need to adapt, not only to changes…

Tesla Motors

As upper-level management it is important to understand the key components of cost-volume-profit analysis. Identifying objectives including concepts related to CVP is crucial to the absorption of information. The paper provides a summary of Tesla Motors, the company outlined. Explaining the relationship between cost-volume-profit analysis is discussed as well as how the company is using this tool to maximize production and profit. Summary Tesla Motors, Inc. is a company based in Silicon Valley. Telsa designs, manufactures, and sells electronic cars. Telsa is a publically traded company that trades in NASDAQ stock exchange. Telsa became well known after producing the Telsa Roadster, the first fully equipped eclectic sports car. In addition, Telsa also sells power train components like lithium-ion batteries to…

Tesla Motors: External Analysis

INTRODUCTION Tesla Motors, headquartered in Palo Alto, California, is a United States (US) based company that designs, manufactures, and sells electric vehicles globally. The company is traded publically on the NASDAQ with a market capitalization of $30.8 billion. Under the leadership of CEO, Elon Musk, the company seeks to provide a variety of high performance electric vehicles (EVs) to consumers in the near future. The following is an external analysis of Tesla Motors. STRENGTHS One of Tesla’s greatest strengths involves optimizing cost advantages associated with building economies of scale. Making batteries in massive volumes is a key part of Musk’s plan to drive down unit costs so that electric cars can become affordable to a much larger market. Tesla plans…

Internal and External Analysis of Tesla

Tesla motors is able to differentiate itself from its rivals by offering a product that has yet to be matched. No other automotive company has been able to produce a car that is all electric and can travel 250 miles on a single charge. In addition, no other company has a network of charge stations allowing Tesla owners to drive across the country if desired. Finally, Tesla motors has created a brand of elite cars, it has been said that Tesla owners may be more of a cult than that of Mac owners. The Tesla Model S is equipped with nothing but the best. From its 24 inch LCD screen, to its leather seats. The 90 kWH battery allows the…

Sangar case

1. How would you characterize the U.S. electric car industry in 2011? The U.S. electric passenger car industry in 2011 was described as being in its infancy, because it is still a new concept to buyers. However there are signs of growth from 2011-2015. Buyers do not consider the car because of price, travel range and vehicle size, along with other secondary concerns. 2. Based on HEV sales to date, how would you describe U.S. buyers of electric passenger cars? Based on sales to date, the segmentation of U.S buyers is seemingly a very “niche” market as it is segmented to middle aged, large income, warm urban or suburban climates. U.S consumers are wary/unaware of the new technology, which makes…

Tesla Motors

Strategy is the key to success. Tesla Motors has separated from the competition in the automobile industry. The question is how and why It all comes to the type of strategy the company has implemented and what makes them different form their competitors. In todays global economy having a unique strategy on how to market to customers is very important. The customer needs will always change due to changes in their environment. This is why it is important to develop a strategy that fits the needs of the target customer. In this strategic analysis of Tesla Motors could reveal why the company is different and how well the company executes their strategy. Problem Statement Tesla Motors (TM) has been able…

Tesla Motors SWOT Analysis

Strengths Opportunities First in the market – Tesla Motors have the opportunity to strengthen their position as the ‘pioneer’ of electric cars as they are one of the first firms to cater for the premium electrified vehicles market. Foothold in China – Tesla and China Unicom has teamed up to build over 400 charging stations in 120 cities. China Unicom’s interest depicted through the corporation’s willingness to pay for all maintenance and electricity costs may be just the start of the partnership. (Sparks, 2014) Product – The electric car concept has not been able to reach its full potential as the technology and production costs have kept it from being fully commercial. As technologies improve, the performance of the vehicles…

SCP model Strategy

Building on the SCP model, Michael Porter developed the highly influential five forces model. Porter’s model identifies five key competitive forces that managers need to consider when analysing the industry environment and formulating strategy: Porter‘s 5 competitive forces model is starting point for strategic analysis that is used for assessing the attractiveness of an industry (Johnson,et al , 2008) and discovering a desirable strategic innovation that improve the industry and company profitability (Wit and Meyer,2005) The threats to new entrants: The threat from new entrants is very high. Entering the electric automotive industry in 2003, Tesla itself faced the challenges of being the new entrant into the market having numerous financial troubles that required high capital investments, building the brand…

Tesla Motors, Inc. Financial Analysis

Tesla Motors, Inc. was founded in early 2003 by a group of Silicon Valley engineers, incorporated in Delaware on July 1 of the same year, and is now headquartered in Palo Alto, California (“Tesla- Investor”). The company designs, develops and manufactures electric vehicles and electric vehicle powertrain components. Tesla also provides the same services and powertrain components to other manufacturers of electric vehicles (Analysts Corner 2). Tesla Motors is best known for producing the Tesla Roadster, an all electric sports car released in 2008, with outstanding performance results (“About Tesla”). Tesla has developed a unique marketing plan that differs from the traditional automotive industry by marketing and selling its products over the internet and through a global network of 32…