entrepreneurs led by Elon Musk (of PayPal and SpaceX fame). The stated goal of the company is to drive the world’s transition to electric mobility by offering a full range of electric vehicles to the market. Currently they sell cars in the premium segment but aim to offer an entire range of increasingly affordable vehicles in the future. They currently retail from 83 locations across the world‚ employ around 6000 people and turned a profit for the first time in Q1 2013. Elon Musk himself sees great
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3 Entrepreneurship similarities and differences The Entrepreneurs that I am comparing and contrasting are Elon Musk‚ Sir Richard Branson‚ and Jim Garlend. The difference in character traits between these men is rather easy to point out. Elon’s main goal was to change the world and had the ability to convince people he was going to do so. Richard was intrigued by adventure‚ and beating the system which led to his first experience behind bars for tax evasion. While Jims motivation was leaning towards
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Could AI Spell the End of Humans? What if I told you that according to experts‚ the greatest threat to our survival as a species‚ was something entirely in our control? And knowing this information‚ is being planned to become integrated more and more with more critical tasks. That’s the state of artificial intelligence(AI) at the moment. AI is defined as ”the theory and development of computer systems able to perform tasks that normally require human intelligence‚ such as visual perception‚ speech
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congestion and increase the speed of transport as a whole. Founded by Elon Musk‚ CEO of Tesla Motors and SpaceX‚ the company has already started digging tunnels in LA and has claimed approval for at least another project in Baltimore. Though digging tunnels may sound very boring‚ the aptly named company has some colorful and funny tales to tell. How it All Began with a Tweet The company came to existence with a series of tweets from Eon Musk. As always‚ the billionaire investor and space enthusiast who
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are in the process of building Supercharger Stations internationally by the end of 2013. Martin Eberhard and Marc Tarpenning founded Tesla Motors in San Carlos‚ California on July 2003. However in 2004‚ Elon Musk joined the team as Chairman of the Board of Directors by investing in the company. Musk‚ still holds its CEO in addition to a product architect position‚ becoming the company’s most valuable human capital and visionary. On June 29‚ 2010 Tesla Motors was part of NASDAQ under the symbol TSLA
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Barrack Obama visited the site where this happened. What does the future hold in terms of space technology? In a big way‚ Musk was inspired by Isaac Asimov’s Foundation series who like him views space exploration as one of the most important steps in preserving as well as expanding the consciousness of human life. Future life on earth does not look all that bright. According to Musk‚ multiplanetary life may very well save the human race in that it will ensure their continued survival. What if global
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If you had the world’s attention for one hour what would you say? Although genes‚ or natural talent‚ play a huge factor in ability‚ work ethic is extremely important in defining the factor of success. Elon Musk once said‚ “When something is important enough‚ you do it even if the odds are not in your favor.” He is one of the many people who has applied and dedicated himself and has become successful in what he does. He has certainly done this by accomplishing projects that seem almost impossible
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and it is the only electric cars have been mass product. However‚ after the competitors had entered the market‚ alternatives joined the battle of green technology car‚ such as hybrids‚ fuel cell ‚etc. Furthermore external environment has changed. Elon Musk‚ the co-founder and head of product design‚ is facing a question either to sell it or continue to run three companies including Tesla Motors at once. Base on my opinion‚ in order to analyze Tesla Motors’ case‚ external environment analysis on
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Informative Paper 4/4/2013 Tesla Motors Tesla Motors is a car company that designs‚ manufactures and sells electric vehicles. This public company was founded in 2003 by Ian Wright‚ JB Straubel‚ Marc Tarpenning‚ Martin Eberhard and most notably Elon Musk. Its headquarters is located in Palo Alto‚ California‚ with its main production plant in Fremont‚ California. The company was named after Nikola Tesla‚ a renowned electrical engineer and physicist. Its goal is to increase the number of EV’s (Electric
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May 8‚ 2014 BU.450.710.52 – Tesla’s Blue Ocean Strategy – Page 2 Executive Summary Tesla is an innovative electric car manufacturer that intends to overturn the current gaspowered vehicle industry. CEO Elon Musk has masterminded a product that will compete against and bypass its gaspowered counterparts in terms of performance‚ design‚ efficiency‚ reliability‚ and price. With its innovative rechargeable batteries‚ which are built using technology fro
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