Executive summary of “Tesla motors. Inc” Company information Tesla Motors is a public trading company in the automotive industry that was founded in 2003 by a group of engineers from the Silicon Valley in California. Core founders of Tesla Motors are Elon Musk‚ Martin Eberhard‚ Marc Tarpenning‚ JB Straubel and Ian Wright. Its headquarters are in Palo Alto‚ California. The CEO of the company is Elon Musk. It has over 3000+ employees. Tesla motors have their cars in thirty seven countries worldwide
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EXTERNAL ANALYSIS TESLA MOTORS _Prepared For:_ PEPPERDINE UNIVERSITY STGY 659.65 STRATEGIC MANAGEMENT Prepared By: Daniel Aleksander Andrew Beckman Jeanette Gonzales Jeremy Jay September 26‚ 2014 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
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Why Tesla Is a Better Car Tesla is a major American automaker car company that has been in existence since 2003. The company deals in designing of different car models; the company specializes in electric vehicles which are common. Roadstar is the first model that was developed by the corporation‚ and it was well accepted by many people across the world. Celebrities are among the people who promoted the company stating that Tesla cars are the best because they come up with best designs than any other
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method based on systematic thinking‚ logic‚ imagination‚ ideas and intuition. It pursues on constructing on thoughts by exploring possibilities of "what if’s" to formulate a result that benefits the consumer. This essay is intended to look at how Tesla Inc. Company applies the five key elements of design thinking. The essay will analyze the company’s effectiveness in design thinking
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EXECUTIVE SUMMARY Tesla Motors is one of the leading producers of electric cars and electric powertrains in the world. Founded in 2003 and based out of Palo Alto‚ California‚ Tesla is currently in 37 countries worldwide. Tesla currently produces 3 models‚ the Roadster‚ Model S‚ and the Model X. A primary issue Tesla faces is the steep prices of all three models. The least expensive model is the Tesla model S. It’s cheapest option begins at $57‚400. Many experts believe that for Tesla to be successful
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Elon Musk‚ the South African (born) Canadian – American business magnet‚ who is the Chairman of the Board‚ Product Architect and CEO of Tesla‚ Inc. Also known as the founder and CEO of SpaceX‚ co-founder of SolarCity among many other companies. At the age of 17‚ Elon moved to Canada to attend Queens University and avoid mandatory service in the South African military. By 1992 he left to study business and physics at university of Pennsylvania. Then on he went to Stanford University to peruse a PhD
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industry. This year‚ the global production of EV is predicted to rise by 67% (IHS‚ 2014). 1.1 Market Trends According to the Green Car Guide (2014)‚ top Battery Electric Vehicles (BEVs) models include the BMW I3‚ Renault Zoe‚ Nissan Leaf and the Tesla Model S. In 2012‚ 90% of the EVs were present in the US (38%)‚ Asia (31%) and Europe (21%) (IEA‚ 2013; see figure 1 in appendix). Sales of BEVs are predicted to grow over the next decade‚ reaching a number of 3.8 million vehicles by 2020. This means
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But on November 16‚ 2017‚ Tesla bragged about it. Bottom Lines: • On November 16‚ 2017‚ Tesla unveiled a heavy duty all electric truck known as "Tesla Semi"‚ which can go up to 500 miles on a single charge. The company is offering 300- mile version as well. • Tesla Semi will go 0-60 in 5 seconds‚ 20 seconds with max load weight of 80‚000 pounds • Semi-Truck has no gear stick. Drivers sit down‚ put their seatbelt on‚ and push down on the accelerator and relax. • The Tesla Semi don’t just have self-driving
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but the most effective approach for Tesla would be to use a concentrated segmentation strategy. Tesla should not try to appeal to everyone by engaging in a mass marketing campaign. A concentrated segmentation strategy will allow Tesla to employ its limited resources more efficiently. Tesla needs to study different segmentation methods to better understand the profile of the customers in each segment. Studying and differentiating the segments will allow Tesla to look at the consumer similarities
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The Tesla Model S BA 317 Group 10 William Aksnes-Shanks Dana Nicholson JR Maffie Megan Petrusich Hannah Alley 1. Purpose/Introduction The environment has been in turmoil and the changing global climate has been a political topic in recent years. A major contributor to the changing environment is fuel emissions from personal vehicles. With millions of tons of car emissions being released into the atmosphere‚ it is obvious that the industry needs to make a change. Many car manufacturers have
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