Tesla Motors : An American Automaker And Energy Stockpiling Essay

“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 Motors, Inc. is a startup automotive manufacturer of electric powered automobiles based in Silicon Valley, California. Named after the famous Russian inventor and visionary, Nikola Tesla, the company was started by Martin Eberhard in 2003 with the objective to manufacture and market electric cars that would be powered by Lithium-ion (Li-ion) batteries – the same kind of batteries that power notebook computers and cell phones. Funding for this venture was initially largely provided by Elon Musk, who was one of the founders of PayPal. After making roughly $180 million from the online payment service, he helped get Tesla off the ground in 2004 with an initial investment of $6.3 million. Later a number of wealthy individuals and private equity firms provided additional funding to the company.

The company leans towards not only manufacturing electric vehicles, but also producing and selling components of electric vehicles such as Lithium-ion batteries. In 2008, the company produced the Tesla Roadster, its first all-electric sport car. The vehicle is a high performer and can drive up to 250 miles with the use of one lithium-ion Polymer battery pack, which has the capability of stringing twice the energy of a conventional automobile (Mangram, 2012). In addition, the vehicle is capable of accelerating up to 60 mph within four seconds and has a limited top speed of 125 mph. Another car option, the Tesla Model S, aimed at targeting the middle-class customers, starts at a much lower price when compared to the Roadster. The company has

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 and continuously expanding. Tesla also opened an assembly and distribution centre in 2012 for all of Europe in Tilburg, Holland. This factory will house between 50-60 jobs starting off with room for growth depending on sales. Having a

Tesla Motors is an automobile company that provides electric vehicles. It was founded in 2003, in San Carlos, California. Although Tesla was chosen to be the provider of the best innovative vehicles, its sales indicated that the company could not sustain in the business since the sales appeared to be not enough to compensate the cost of the production of the vehicles. By launching the new model of its car, Roadster, in 2008 Tesla sold around 2,450 vehicles. After announcing the Model S, the company started to receive approximately 12,000 reservations by 2012. This redesigned Tesla vehicles started to be delivered and received positive feedback. In addition to this model, the company began to work on the new one, Model X, to be delivered in 2014.

Tesla’s mission statement is “to accelerate the world’s transition to sustainable transport.” A fairly young company whose products are electric cars through a lithium ion battery. Tesla’s vision is to bring electric cars to the market and provide a sustainable alternative to gasoline-powered cars. They also strive to increase the safety of the vehicle and most importantly the passenger by eliminating the amount of gasoline car fires with this alternative. Tesla is publically traded company with approximately 12,000 employees and with more than 50,000 vehicles currently on the road worldwide.

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 ‘s premium zero-emission sedan that became the third best-selling all-electric car in the U.S. The company is worth more than $25 billion and has one of the highest growth rate in U.S. This success of the company is contributed to Elon Musk, the CEO and Product Architect of Tesla (Tesla, 2014), who has a very strong vision of company’s future.

Tesla Motors created the most innovative advance in car manufacturing in the last 13 years, an electric powered luxury sport vehicle. Before 2003 the world thought that only gasoline cars could be marketable, profitable, and useful. The founders of Tesla Motors, Martin Eberhard, Ian Wright, Marc Tarpenning, and Elon Musk did not believe that the only way to make a sports cars was for it to be gasoline powered. They wanted to make a car that would not only be able to compete with luxury sports cars, like Ferraris, but would also be electric powered. All of the founders had substantial amounts of capital which allowed them to actually follow through with their plan of creating an all-electric powered sports car. That first car was the Tesla Roadster.

Elon Musk is the founder, current CEO and Chairman of Tesla Motors Inc. Initially, Tesla Motors Inc. was known by its first brand, the Tesla Roadster. This is due to the fact that Tesla Model Sedan is a new brand that hit the market in the year 2012. Tesla Motor declared that they were going to manufacture the Model S in the year 2009. As it has been confirmed, the company was able to produce the seven passenger sedan model. This new model was made with the initial intentions of targeting the larger market. As mentioned, the Model S was able to hit the market as

Tesla Motors, Inc. was founded in 2003 and joined the automobile industry out of Silicon Valley. The company is located in 30 different countries with 18 stores worldwide (Mangram, 2012, p. 296). Tesla Motors entered the automobile industry from a different approach in manufacturing automobiles. The company began designing, manufacturing, and marketing battery electric vehicles (BEVs) making Tesla the only manufacturer to sell a zero-emission sports car, the Tesla Roadster (Mangram, 2012, p. 296). Tesla manufactured luxury electric vehicles such as Model S, Model X, and the soon to be released Model 3 (Eisler, 2016, p. 35). With different automobile manufactures entering the BEV market, Tesla Motors, Inc. must conduct a SWOT analysis of the company. “SWOT stands for the company’s Strengths, Weaknesses, Opportunities, and Threats” (Abraham, 2012, sect. 5.2). Strengths and weaknesses analyze the internal aspects of the company, whereas opportunities and threats analyze the external aspects.

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.

Tesla Motor, Inc. is an American automaker focused on selling electrically powered vehicles without compromising quality of transportation. The company began selling cars in 2008 with the Roadster and became publicly traded in 2010. Today, there are many players within the automobile industry. The company 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” (Tesla). They are a company that offers 100 percent electric cars, lithium batteries and charging stations. Tesla 's mission statement is, “to accelerate the world’s transition to sustainable transport” (Tesla). Tesla believes that, “ it is not just an automaker, but also a technology and design company with a focus on energy innovation.”

The first macroenvironmental factor that Tesla Motors faces is the society and subcultures. In this day in age consumers worldwide have increased their knowledge and sensitivity about its environment. Numerous companies have catered to this need of becoming more environmentally responsible by offering products that are “green” or environmentally friendly. This new growth amongst people and organizations alike of becoming more environmentally conscious has created an opportunity for Tesla Motors with its brand of product. Tesla Motors produces and sells fully electric cars as well as electric vehicle powertrain components that give off no tailpipe emissions. Also Tesla motor vehicles cut CO2 emissions in half

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.