St. John’s University
Graduate Student Managed Investment Fund
Presents:
Tesla Motors, Inc.: TSLA
Analysts:
Rutvig Bhatt (rutvig@gmail.com)
Yanchen Liu (yanchen.liu12@stjohns.edu)
Gaoting Liu (liugaoting@gmail.com)
Kevin Shanker (kevin.shanker05@stjohns.edu)
Share Data:
Fundamentals:
Price 5/7/14: $201.35
GAAP EPS (FY Dec’13): -0.62
Market Cap: $24.80B
E[EPS2015]: 1.83
52 Week Range: $63.69 – $265.00
Beta: 1.10
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Contents
1. Executive Summary……………………………………………………3
2. Company Overview……………………………………………………3
3. Industry Analysis………………………………………………………8
3.1 Industry Overview…………………………………………………9
3.2 Analysis of Competitive Forces – Porter’s 5 Forces………………9
4. Fundamental Analysis………………………………………………..11
…show more content…
On May 21, 2010, Tesla announced a
"strategic partnership" with Toyota, which agreed to purchase US$50 million in Tesla common stock issued in a private placement to close immediately after the IPO.
Executives at both companies said that they would cooperate on "the development of electric vehicles, parts, and production system and engineering support." Less than two months later, Toyota and Tesla confirmed that their first platform collaboration would be to build an electric version of the RAV4 EV. On June 29, 2010 Tesla Motors launched its initial public offering on NASDAQ. The IPO raised US$226 million at
$17 per share for the company. It was the first American car-maker to go public since the Ford Motor Company had its IPO in 1956.
Model S
The Model S was announced in a press release on June 30, 2008. Retail deliveries began in the U.S. in June 2012, in Europe on August 2013 and in China in
April 2014. The United States Environmental Protection Agency range for the 85 kW·h battery pack model, the first time launched in the United States market, is 265 mi (426 km), and 208 mi (335 km) for the model with the 60 kW·h battery. It also includes a mobile charger, which can be used with the regular plug in and can charge up to 26 miles per hour.
In October 2011, Tesla reached 6,500 reservations for the Model S for delivery beginning in June 2012. Tesla expects global sales of 35,000 units in 2014, a
55% increase
In this paper I intend to provide a sound financial analysis of Tesla Motors Incorporated. I will do so by calculating and providing liquidity, profitability, and solvency ratios and then evaluating those results. Assessment of these ratios will more or less define Tesla Motors’ abilities to meet its short-term debts and obligations (liquidity), performance in relation to sales, assets, and profits or losses (profitability), and the resulting income amount, after tax deductions, against the company’s liabilities (solvency). Additionally I will compare
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`s current objectives include creating a high demand for electric vehicles which ultimately will raise sales. This will be achieved as more awareness on the harm gasoline emissions cause on the environment is shown, and knowledge on electrical powered cars is gained. Tesla also plans to create customer loyalty with current customers and create customer referrals. Tesla will achieve this by continuing to have regular customer events, such as show rooms which display their new technology.
The car market has been ran by companies such as Volkswagen, Toyota, Ford, BMW, and many other companies, but one of the newer, up and coming companies in this market is Tesla Motors Inc. Tesla has been around for a little over 10 years, and have come quite a long way from where they began. Tesla now sells luxury electric vehicles different than any other electric vehicles today, and they have big plans for expansion in the future. Tesla may not be one of the biggest car companies today, but one day they will be considered alongside companies such as Toyota and Ford.
Tesla Motors Inc is one of the leading companies for designs, develops, manufactures, and selling electric cars and energy storage products. Founded in 2003 the major specialization of the company is software for automated cars, cars powered by electric energy and solar for home power.
Tesla Motors was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning, who financed the company until the Series A round of funding. Both men played active roles in the company 's early development prior to Elon Musk 's involvement. Tesla was founded in 2003 by engineers who had a mission to change the way the we thought of cars, and to convince our world that we can produce an electric car better than gasoline powered cars. In 1888 Nikola Tesla invented the first powertrain for a sports car built around an AC induction motor, which was later patented and inspired the company’s name. The Tesla Roadster was launched in 2008 with speeds of 0 to 60 in 3.7 seconds and with a range of 245 miles per hour. (Tesla Motors) Later in 2012 they launched Model S the first premium electric sedan. Robotic manufacturing of the Model S at the Tesla Factory in Fremont, California. Tesla manufactures the Model S in Fremont, California, in an assembly plant formerly operated by NUMMI, a defunct joint venture of Toyota and General Motors, now called Tesla Factory.
We design, develop, manufacture and sell high-performance fully electric vehicles and advanced electric vehicle powertrain components. We have established our own network of sales and service centers and Supercharger stations globally thus creating a unique business model in the automobile industry. We
Throughout the 20th century, GM, Ford, and Chrysler have held a firm grip on the U.S. car market. GM even was even able to control 50% of the market until about 1980. Ford and Chrysler also did considerable well during that period. However, globalization allowed foreign carmakers to maneuver their way into the U.S. market. Intensified competition then began to threaten the market shares of those leading companies. German companies entered the market with cars like Volkswagen, Daimler, and BMW. They now currently own Porsche and Audi. The Japanese car industry have the luxury of owning cars such as the Honda, Toyota, and Nissan while Koreans have joined the market with
The purpose of this study is to understand the Danish market behavior regarding the electric and luxury cars as Tesla Motor. We chosen two parts consist of research analysis and reseach survey.
Tesla Motors launched production of their first car, the Tesla Roadster, in March 2008. 200 cars had been sold prior to
pack (otherwise known as the ESS, or Energy Storage System) with a particular focus on the
Requires 4 alkaline batteries, which is perfect to locate anywhere without the need of a plug.
In 2003, a group of Silicon Valley engineers who wanted to develop electric vehicles came together and established an
It was in 2006 when it introduced its first model, the Tesla Roadster. Do you know what kind of car was it? Yes, exactly, electric sports, like three years ago that wanted to market. The Tesla Roadster was a two-seater less than four meters, removable roof, genetic Lotus, with rear-wheel drive, with between 252 and 292 hp depending on the version, some 394 km of autonomy, and it was also very fast.
This study discusses Toyota, General Motors’ (GM), and Tesla Motor’s competitive strategies. These three companies are top leaders in the automotive industry, and this paper focuses on what their current strategies are and how they develop and manage their opportunities. The paper will also address what can impact these three companies, how they protect their company from competitors, and some recommendations for each companies.