Tesla Motors, Inc.

1488 Words Apr 20th, 2016 6 Pages
Tesla is an American automotive and energy Storage Company that not only manufactures and design EV’S but also manufactures electric powertrain components and battery products.
The company believes that after a century of invention of internal combustion engine, automobile manufacturers face a wide challenge in the industry. The gasoline fuelled car has created environmental issues and forces the nation to import more oil from foreign nation’s thus selling fuel at volatile prices to the consumers. Thus undertaking the above problems company started manufacturing electric powered vehicles that has same specifications compared to a gasoline powered engine.

1.1 History:
The topic we have chosen for assignment is Tesla motors, Inc. an
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The company’s CEO, Elon Musk says were are catalysing change in the industry. The tesla vehicles and the EV’s powered by tesla are fun to drive and are environment friendly thus by producing zero emissions.
To make the charging stations more convenient for tesla vehicle users, the company aims to build more charging stations in the future and tries to improve the battery technology so that there is less electric consumption.
1.3 Company’s product:
As stated earlier tesla motors not only designs and manufactures electric powered vehicles but also supplies electric powertrain components such as lithium ion battery pack components in automotive sector such as Daimler and Toyota.
The company’s first product tesla roadster is the first highway capable and full electric power sports car launched in mid-2008. This high performance electric vehicle with a range of 250 kmph which uses a proprietary lithium ion polymer battery pack that stores twice the energy. In addition the vehicle goes 0 to 60 miles in just 4 seconds with a self-limiting speed limit of 125 miles per hour.
The model S targets the mid-level customers in the market which has a lower price tag of 57000 usd as compared to its predecessor. It is the most exhilarating sedan on the world with unparalled performance delivered through tesla’s unique, all electric powertrain. The model S accelerates from 0 to 100 miles in

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