Wednesday, May 6, 2020
A Report On Tesla Motors - 2051 Words
Background Information âž ¢ History Tesla Motors was founded in 2003 by a group of engineers in Silicon Valley that wanted to prove to the world that electric cars were the cars of the future (Tesla Motors, Inc, n.d.-a). The goal of Tesla Motors was to make electric vehicles that had instant torque, incredible power, and zero emission (Tesla Motors, Inc, n.d.-a). Tesla Motors engineers first began designing a powertrain sports car built around an AC induction motor, patented in 1888 by Nikola Tesla, the inventor who inspired the companyââ¬â¢s name (Tesla Motors, Inc, n.d.-a). In 2008, Tesla Motors launched the Tesla Roadster (Tesla Motors, Inc, n.d.-a). The Roadster was able to travel 245 miles per charge and accelerate from 0 to 60 in 3.7 seconds (Tesla Motors, Inc, n.d.-a). Tesla Motors would sell 2,400 Roadsters in over 30 countries (Tesla Motors, Inc, n.d.-a). In 2012, Tesla Motors discontinued their Roadster design and launched their Model S electric sedan. In 2013, the Model S won Motor Trendâ⠬â¢s Car of the Year award and achieved a 5-star safety rating from the U.S. National Highway Traffic Safety Administration (Tesla Motors, Inc, n.d.-a). In 2014, an all-wheel drive configuration of the Model S that further increased perforce in acceleration achieving a 0 to 60 in 3.2 seconds (Tesla Motors, Inc, n.d.-a). In 2015, Tesla Motors began selling a full-size all-electric crossover SUV, the Model X. The Model X has sold over 2,600 units since its launch (Tesla Motors, Inc,Show MoreRelatedA Report On Tesla Motors Essay1661 Words à |à 7 PagesTesla Motors When thinking about the future people tend to look at 20 years from now or 50 years from now. One company has been teasing us and bringing the future to the present. The automobile industry has been viewed as one of the most competitive markets to enter because of its economies of scale, learning curves, access to distribution channels, patents, unrecoverable up-front RD expenditures, and other capital requirements (Stringham, Miller, Clark, p. 85). Despite all of these barriersRead MoreA Report On Tesla Motor856 Words à |à 4 PagesTesla Motor is a well-known automobile company in North America, Europe, Australia, Asia and China. It has been the dream car for several environmentalist for a couple of years now. Tesla Motors was first founded in 2003 by engineers in Silicon Valley. These engineers insisted that electric cars could be the future and more effective than gasoline-powered cars. A car that is able to have instant torque, great power and zero emissions and still be envir onmentally friendly. In the process of creatingRead MoreA Report On Tesla Motors1314 Words à |à 6 PagesTesla Motors was founded in 2003 by a group of engineers in Silicon Valley who wanted to prove that electric cars could be better than gasoline-powered cars. With instant torque, incredible power, and zero emissions, Teslaââ¬â¢s products would be cars without compromise. Each new generation would be increasingly affordable, helping the company work towards its mission: to accelerate the worldââ¬â¢s transition to sustainable transport. After reading about Tesla Motors, the CEO Elon Musk describes his strengthsRead MoreResearch Report On Elon Musk Cofounded Tesla Motors Essay1454 Words à |à 6 PagesElon Musk cofounded Tesla Motors, an American automaker, in 2003 and was among the first investors of the firm initially investing 7 million dollars and later adding another 30 million United States dollars (Rothaermrl, Zimmer, 2014 p.2). Tesla Motors designs and markets electric cars in the United States. The main competitors of Tesla motors in the United States market are local firms General Motors, Chrysler, and Ford. Other foreign motor vehicle manufacturers that have entered and establishedRead Moretesla swot Essay1398 Words à |à 6 PagesSWOT Analysis: TESLA MOTORS By Xin Xiong August 10th 2014 Company Overview Founded in 2003 and based in Palo Alto, Tesla Motors is one of the leading high-tech automobile companies, which produce the fully electrical vehicles and powertrain elements. The company runs operations in 31 countries and hires over 6,000 staff around the world. Tesla Motors has an increasingly high growth rate, recording its revenues of 2,013,496 in 2013 (See Figure 1). Sales of its current model, Tesla Model S, reachRead MoreTesla Motors External Analyis961 Words à |à 4 PagesSWOT ANALYSIS OF TESLA MOTORS SWOT analysis is an integral tool which helps management to identify the internal strength and weakness of an organization and make strategies accordingly to grab external future opportunities and fight against external threats (Kerin ,Hartley and Rudelius ,2012). The report here focuses on the external factors of a SWOT analysis of Tesla Motors (i.e. on Opportunities and Threats). Opportunities The future external opportunities available to Tesla Motors are discussedRead MoreTesla Ford s Influence On American Innovation Essay1567 Words à |à 7 Pages Tesla Automakers: Niccolaiââ¬â¢s Influence On American Innovation Sir C. Powers UCLA Extension Abstract Tesla Motors was established in 2003 by entrepreneurs Martin Eberhard and Marc Tarpenning. Today, Tesla Motors provides power train components for car producers, including Daimler and Toyota, designs and manufactures Model S, the first world ââ¬Ës premium zero-emission sedan that became the third best-selling all-electric car in the U.S. The company is worth more than $25Read MoreFavorite Brand Paper1159 Words à |à 5 Pageschoice is concerned, I have many favorite brands for different requirements but for this paper I will chose my favorite brand which is Tesla Motors. Explain a minimum of three reasons why you are passionate about this brand Tesla Motors, Inc. is US based Company which designs, manufactures and sells electric cars and electric vehicles power-train components. Tesla, which was founded in 2003 by Martin Eberhard and Elon Musk, has pushed the envelope beyond what most automakers thought possible. TheRead MoreThe Strategy Models Of Tesla1092 Words à |à 5 PagesThis report will discuss the strategies that TESLA have used in order archive there goals. The report will be starting with a brief background and the main drivers and leaders for the company. Then the report will be talking about three strategic stages for TESLA also will discuss their intended strategies for the future. The auto manufacturing market is very competitive, especially for alternative fuel vehicles that has become more popular with the rise of environmental concerns. This report willRead MoreThe Financial Performance Of Tesla Motors Inc.943 Words à |à 4 PagesThe purpose of this memo is to compare the financial performance of Tesla Motors Inc. to the Bayerische Motoren Werke AG. BMW AG was selected because they are in direct competition with each other in the fully electric power motor vehicles. BMW has been chosen because they currently offer the most fully vehicles on the market compared to any other automotive manufacturer. BMW is also one of the only manufacturers that has invested resources into developing its electronic drive system (I-Drive) instead
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