Company Overview And Situation Analysis Of Tesla 's Mission Statement

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 Vehicles) available to the market to help make it more mainstream. Currently, Tesla motors have produced two models, the Tesla Roadster and the Model S, and has unveiled a third, the Model X. In the Future,

“Tesla Motors, Inc. is an American automotive and energy storage company that designs, manufactures, and sells electric cars, electric vehicle powertrain components, and battery products.” Founded in 2003, the car company has taken the industry by storm by providing sleek, innovative and futuristic automobiles. In addition, the car manufacturer has revolutionized the automotive, renewable energy and manufacturing industry. Although the concept of the Telsa automobile was first introduced in the late 1800’s, the new designs are newer, more modern. The Telsa ha shattered the competition, the concept and utilization of electric cars, introduced efficient battery options, and changed the way electric cars can be charged for usage. In 2015, the company reported approximately $8.09 Billion in total assets and as of March 2016, the company has sold over 125,000 vehicles worldwide. I’d say the company is headed for big things.

Tesla Motors is a global enterprise specializing in the design, production, and marketing of electric powered vehicles founded in 2003 by the young businessman, Elon Musk. Elon is well known for co-founding paypal, and now he amazes the world again with his incredible vision of Tesla Motors, and being the main product architect. Tesla Motors appeals to the environmentally friendly market, by currently being the only company to sell a zero-emission sports car. Tesla’s fundamental motive and selling point is producing only electric vehicles, as opposed to competing companies, producing a combination hybrid, or diesel car.

Tesla is working on implementing a self driving feature to all three of their models. This will allow Tesla's vehicles to be safer than a human driver and increase the amount of buyers. Tesla has plans to introduce a fourth car to the line, at a cost so low, almost everyone will have the ability to afford it. This will help increase market share and generate a higher profit. Tesla's earnings are expected to grow at a 30% annual rate over the next five

content,” (Tesla Motors). According to the company website that’s more than most American vehicles as the Ford F-150 and Chevy Silverado pickup trucks. This shows that investors should look at Tesla Motors as more than a traditional auto company.

Tesla is an auto car company of the 21st century founded by Elon Musk, Martin Eberhard, JB Straubel and Ian Wright. The company also manufactures power walls and battery charging equipment. Tesla is well known for the production of its first sports car Tesla Roadster coupled with two other cars Tesla Model S and the current Tesla Model X. Elon Musk is the face of the company and has driven the company through odds building confidence among its shareholders and customers (Marcovici, 2013, p 45). The company’s’ shares are often overpriced, thanks to loyal customers and investors of Tesla. Musk’s vision of the company is to mass-produce electric vehicles at a low cost and capture the American market.

Tesla Motors is a electric car company that specializes in cutting-edge technologies and creating new jobs. Right now, Tesla is in the process of making a new super-factory for electric cars in the US that will require over 6,500 jobs. This new factory and search for effective AFVs is why Tesla’s CEO Elon Musk expects there to be over 500,000 Tesla vehicles on the roads by 2020 (4). This optimistic CEO believes this because Tesla is creating stylish new electric cars that can go zero to sixty in under four seconds, has a top speed of 125 mph, and can go over 220 miles per charge. With a price tag at $69,900, this company is beginning to make cars that are approaching reasonable prices for consumers (5).

Tesla Motors Incorporated, an American company that designs, produces, and sells electric vehicles and their electric components, has become one of the fastest growing car companies in recent history. The company’s main goal was to start creating electric vehicles that were accessible and affordable to the public. Founded in 2003 and taking off successfully by 2009, Tesla Motors started selling the first mass-produced vehicle to use lithium-ion battery cells and hold a range of greater than 200 miles on just one charge. Along with building their own electric vehicle models, Tesla also builds electric powertrain components for vehicles from other automakers including cars such as the Toyota RAV4 electric vehicle. Tesla has begun to maximize

Tesla Motors, Inc., created on July 1, 2003, plans, creates, makes and offers electric vehicles and energy stockpiling items. The Company creates and offers two electric vehicles: the Model S car and the Model X wear utility vehicle (SUV). The Company has conveyed more than 107,000 Model S vehicles over the world. Notwithstanding building up its own vehicles, it offers energy stockpiling items. Its energy stockpiling items incorporate the seven kilowatt-hour and 10 kilowatt-hour Powerwall for private applications, and the 100 kilowatt-hour Powerpack for business and mechanical applications. The Company conveys energy stockpiling items under the Tesla Energy mark. It makes its items principally at its offices in Fremont, California, Lathrop, California, Tilburg, Netherlands and at its Gigafactory close Reno, Nevada. It is utilizing battery packs fabricated at the Gigafactory for its energy stockpiling products. The Company contends with Audi, BMW, Lexus, Mercedes, Daimler, Nissan, Fiat, Ford, Mitsubishi, Porsche, Volkswagen, Volvo, General Motors, Toyota

Tesla’s original mission statement was “to accelerate the world’s transition to sustainable transport.” However, in the mid of 2016, recent changes in the market and industry propelled the company to restate its mission statement while holding the same vision statement. As it is updated “to accelerate the world’s transition to sustainable energy.”, showing a small but meaningful change in the company’s business, to address the potential market opportunities for renewable energy. Tesla’s vision statement is “to create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles.” This vision emphasizes the company’s focus on renewable resources and targets the company to be the most compelling player in the industry. Following its vision and mission statements, Tesla focuses its business on electric sustainable automobiles and related products that are environmental friendly. The company moves toward to the target by combining advanced technology

Tesla Motors, Inc. is the world leading electric automotive and energy storage company with several models of cars: The roadster, Model S, and the newly introduced Model X. The company was founded by Elon Musk. The company strives to provide clean energy driving and has set sights on providing the affordable electric car driving experience. It has undergone several rounds of funding with the Elon Musk funding the first round himself, The company was listed on the NASDAQ and is now a publicly traded company, it has partnered with Toyota recently to work on a new ERav 4 veichle. Tesla manufactures and builds cars in the United States of America Palo Alto, California is where they have their global corporate headquarters. They sell into the Canada, Europe, Asia and Australia. They have a unique sales strategy and sell cars directly to consumers without third party dealerships. They have showrooms in malls where consumers can learn more about the car and place an order online. They operate in 22 American states with these showrooms. They have had to fight hard to maintain their current sales strategy of selling cars directly to consumer this is said to save consumers unto 8% on their luxury car purchase.

Throughout the years Tesla has strengthen its company and in the process created many opportunities, however like every company it has its weakness and threats. Tesla 's is the leading company in sustainable cars, not only being the fastest energy efficient car on the market of 2015 but also the top of the line luxuries. It has become so popular in the last couple of years that is has successfully created a branded image. This company 's main focus is innovating

Headquartered in Silicon Valley’s Palo Alto, California, Tesla Motors inc. was founded in 2003 by a group of engineers who were persistent to prove that electric vehicles could be fun, economical, environmentally safe and offer something the auto manufacturing industry was waiting for: an awesome electric vehicle. Additionally, Tesla Motors currently employs approximately 6,000 employees worldwide, while operating in more than 37 different countries around the world. The electronic auto maker currently offers two models, including The Tesla Roadster and Model S. Tesla Motors has also released a prototype vehicle model that expected to hit the market as early as the fall of 2015. As previously mentioned, Tesla’s product line currently

Tesla Motors Inc. was founded in 2003 by a group of engineers, one of whom is now the current CEO, Elon Musk. The company was founded on the ideals of not having to compromise to drive electric. These vehicles would be “better, quicker and more fun to drive than gasoline cars” (About Tesla). Tesla launched its first car in 2008, the Tesla Roadster. It is known as the first car to use a lithium-ion battery and revealed Tesla’s cutting-edge electric powertrain. Since then, Tesla has been able to expand with the Model S, Model X, and Model 3 (that has just begun production this year). Not only do they build electric cars but have expanded into scalable clean energy generation, storage products, and charging stations.

Tesla Motors was incorporated in 2003. in 2016, it began production of the Roadster in 2009, Model S unveiled. in 2010, TSLA IPO launched; Announced partnership to develop powertrain system with Toyota RAV4. in 2012, it Started building Supercharger Network across America and Unveiled designs and plans for Model X. in 2013, Tesla got Extreme Tech “Best Selling Luxury Car. IN 2014, Gigafactory announcement 200th Tesla Charging Station opened, and Musk announces anyone can use their patent in good faith. In 2015, Consumers reported “Best Overall Car” 400th Tesla charging station - 1st solar powered charging station; Model 3 announcements. In 2016, Chinese Facility Construction begins. (Gregory Whitney, 2016)