Why Tesla Is The Best Car Company

Tesla Motors Inc. (Tesla) was founded in 2003 by a group of engineers in Silicon Valley. Tesla has been in the business of designing and manufacturing fully electric vehicles (EVs). The company’s name came from Nikola Tesla, who influenced the design of the powertrain for their first vehicle. Tesla’s CEO is Elon Musk, he had a few goals for his company. First, was to build a sportscar. The next goal was to use that money to design and sell a more affordable car. And then use that money to design an even more affordable mass-market car. Finally in 2008, Tesla released their first electric vehicle, the convertible sportscar called the Roadster, which is now no longer available to buy. In order to raise funds for more research and development, Tesla had their initial public offering of shares in 2010 at $19 per share, under the ticker symbol TSLA. Today, Tesla stock goes for approximately $232(Market Watch, 2016). In 2012, Tesla released the Model S, which was the world’s first premium electric sedan. To date, Tesla has sold and delivered approximately 50,580 vehicles, most of which are the Model S. In 2016, Tesla has announced that they will release a new vehicle, called the Model X, which will be an electric crossover utility vehicle. In addition to vehicle sales, Tesla also develops batteries for their cars, and is in the process of building a gigafactory which is expected to produce more lithium ion batteries than all of the other manufacturers of these

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 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.

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 electric vehicles from Tesla Motors are gaining a reputation as the cars of the future. These models are not only known for their luxury features, acceleration, power, and nearly silent electric engines, but also for their green appeal. Individuals who can afford the hefty price tag are purchasing these vehicles because they are classy, fun to drive, and better for the environment than the standard gasoline car. Tesla Motors are leading the way in innovation in the American car industry with their Tesla electric models.

Mr. Musk said, in the next two to three years Tesla Motors plans to make their electric cars price range from about 30 thousand to 35 thousand dollars. These more affordable electric cars will be 20% smaller than the Tesla model S but the cars themselves will still be able to travel 200 to 250 miles with one single charge. By then Tesla Motors plans to have supercharge networks positioned throughout the US and Europe, allowing Tesla vehicles to be able to drive across the United States. Old auto industries hate that Tesla Motors are bringing these new innovations to the forefront as it disrupts their idea of the ‘perfect auto industry’, which includes the worst car salesmen, okay safety, somewhat bad service and wasting money on gas energy compared to what Tesla Motors is trying to bring which tops all of that.

I would recommend that Tesla Motors continue their promise to mass-produce affordable electric vehicles. As mentioned in Myopia, one of the greatest enemies of this knowledge is mass production. Tesla would be able to eliminate other car manufactures from entering the market with affordable electric vehicles and take on the existing car manufactures that are producing electric vehicles. Tesla Motors is still a leader in the electric vehicle industry and if the Model 3 becomes a huge success, they will dominate the affordable electric vehicle market.

The Model S outsold its top competitors such as Porsche, Fiat and Jaguar according to a report in QZ. The Model S has received numerous awards, including multiple from Consumer Reports and Motor Trend and Automobile magazines. U.S. National Highway Safety Traffic Administration gave Tesla Model S its highest safety rating.

The model S is, according to the New York Times, “[A]… high-tech electric car that starts at about $75,000” (Kessler). I assume by the time I can afford my Model S, I will have matured and grown out of my slobby behavior, so I will be able to keep it clean. In addition, I will not let my sister borrow my car so she cannot spill soda in it. I want a Tesla because it is one of the most technologically advanced cars ever. As Aaron M. Kessler from the New York Times explains, “The updated Tesla it was equipped with autopilot – a semi-autonomous feature that allows hands-free, pedal free driving on the highway.” I personally do not like driving, so I would love a self-driving car. And according to the Tesla Motors website, “[The] Model S qualifies for a $7,500 federal tax credit.” That, along with all the money I will save on gas to it being an electric car would make it worth it to buy such an expensive car. The Model S is also top of the line in terms safety it has 5 stars across the board in all crash tests (2015 Tesla Model S). This car is everything I could ask for: new, innovative, and

Stehan further summarizes that potential electrical vehicle drivers are most likely to buy (lease) the Tesla Model 3 (about 55%), which is also the car people are most excited about (about 56%), and current electrical vehicle drivers would most likely get as next car (almost 40%). This suggests that Tesla stands out in consumer intersest, even above Nissan and GM. The Tesla 3 will be discussed more in detail further in this paper.

Tesla Motor Inc. first started off as a power-train designer, developer, manufacturer and distributor (Tesla’s mission, n.d.). Tesla’s engineers first designed a powertrain for a sports car built around an AC induction motor (Tesla’s mission, n.d.). The final product was the Tesla Roadster which launched in 2008 (Tesla’s mission, n.d.). Over the years, Tesla has sold more than 2,400 roadsters which operates in more than 20 countries (Tesla’s mission, n.d.). Currently Tesla is focusing on electric cars and that is where it is making most of its revenue. The first model of electric car that Tesla sold was the Model S. The model S base price is $70,000 and could go up to 1$05,000 for the P85D. In addition to the Model S, Tesla sells the

Tesla Model S (see Figure 1 above) is the “…world’s first premium electric sedan… [that] provides the comfort and utility of a family sedan while achieving the acceleration of a sports car…” and is designed by Tesla Motors (Teslamotors.com, 2015, para.3).

You heard cruise control well have you heard of a self driving technology? I clearly know that Tesla Motors was founded in 2003 and there mission was to make the best electric vehicles. And in 2017 they are doing that by having the model X and model S being one of the best electric cars. The model 3 is was announced in 2016 and, it is a more affordable model then the others.

Tesla Motors is among the top 25 companies “going green” for our economy. Tesla motors is a venture aimed at proving that cars can be environmentally friendly, without giving up the speed and power, purchasers love. The cost of running this amazing, green driving machine is a mere 2 cents per mile. (Ryan, 2008) Tesla Motors is a company looking to produce a high-performance electric sports car, and is backed by a number of high-profile investors. Introduced in June 2006 to the public complete with a test drive by California Governor Arnold Schwarzenegger, the Tesla Roadster is able to go from 0 to 60 in 4

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