to Thomas Edison’s invention of the light bulb‚ and for numerous reasons. The main reason being I wanted to see what it would be like to step back in time to the absolute wonderment surrounding such an exciting and revolutionary invention. In our current age‚ when we can literally teleport objects like atoms from one place to another‚ I feel it’s safe to say the light bulb is something we all take for granted‚ at best‚ and more likely‚ don’t even think about at all. Another reason being I don’t have
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Tesla Final Paper (Edited).docx1/ 4 Tesla’s mass-market ambitions on charge SummaryThis article discusses the different aspects of Tesla’s rise to prominence and the electric car manufacturer’s strategies for maintaining its status. This profile of Tesla’s roots and its prospects for the future touch on the following topics: niche market competition; financial obstacles in the past‚ present and future; and production techniques.I. Product DifferentiationIn this section‚ product differentiation‚ which
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Nikola Tesla: The Spark that Illuminated America Phillip Cherner Morrison: 3 When one thinks of electricity and light‚ one of the first things to come to mind is usually the name Thomas Edison. One man’s name goes unheard though. A man‚ just as influential as Thomas Edison‚ perhaps more so‚ in the electrification of America‚ was the great innovator‚ Nikola Tesla. Nikola Tesla is a historical figure that goes unnoticed‚ with many
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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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Summary After experiencing tremendous growth in the past few years‚ Tesla needs to contemplate on the idea of becoming an auto industry giant. In its current situation‚ Tesla cannot achieve that monumental goal because its cars are too expensive for the average consumer. According to USA Today the average price of new car is $31‚252. The basic Model S costs $62‚400‚ which puts it out of the reach of the average consumer. Tesla cannot become like their counterparts at Ford or GM‚ unless they start
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TESLA Motor Inc. Keuka Sailors Keuka College MGT-520-MI007 October 19th‚ 2014 Mr. Andrew A. Kubrich Table of Contents Overview 4 Regulatory Credits 5 Risk factors 6 Risks Related to Our Business and Industry 6 Interest Rate Risk 7 Tesla’s SWOT Analysis 7 Strengths 7 Weaknesses 9 Opportunities 9 Threats 10 Common Size 11 Ratio Analysis 12 Cash Flow Estimation 14 TESLA MOTORS Valuation and Recommendations 15 Overview We design‚ develop‚ manufacture and sell high-performance fully
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wrong by building an eco-friendly line of electric cars at consumer-friendly prices. Tesla has cars ranging from $30‚000 to $130‚000. Also‚ the car is in fact easier to operate and use than most car brands such as Mercedes‚ BMW‚ and Audi. Elon Musk showed me through the establishment of Tesla Motors that engineering encompasses risk because ideas and inventions could be complete failures(the initial critique of Tesla). Elon Musk taught me that engineering takes innovation through his creation of SolarCity
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Introduction Brief history of the company Tesla Motors‚ Inc. is an American company that was founded in 2003. The driving idea behind the venture was proving electric vehicles could be a viable substitute of the gasoline powered cars without sacrificing comfort‚ performance or luxury. Apart from the core function of designing and producing electric cars‚ Tesla also provides advance electric vehicle powertrain components and know-how to other automakers‚ which are looking into venturing in
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Edison and ford were two of the most prolific inventors that influenced life around the world. Edison was born on February 11‚ 1847‚ in Milan‚ Ohio. Edison to this day is considered to be America’s most famous inventor with the most patents. He played a major role in shaping the world as we know today with inventions such as the phonograph and the electric light bulb. On the other hand‚ ford was one of America’s most prominent industrialists. ford was born on July 30‚ 1863‚ on his family’s farm in
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1856‚ Nikola Tesla forms part of such individuals who have influenced the globe in a particular way. Tesla was a brilliant Serbian inventor who made significant inventions in the fields of both mechanical and electrical engineering. Moreover‚ as a physicist‚ inventor‚ and futurist‚ Tesla designed the contemporary alternating current system used in electrical systems. Notably‚ as an eccentric genius‚ the innovations
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