Essays on Tesla

Paper Due Date

Introduction Tesla entered the market in 2003 with a team of professionals, none of which had experience in automotive industry. Elon Musk started as a major investor and product designer, but when in 2007 the company recognized the need for new leadership, he assumed the position of CEO and quickly optimized operation by reducing headcount and attracting a diverse team with strong background in the automotive industry. This mix of professional was central for innovation and short product development lifecycle in-house, which differentiated Tesla from its competition, such as Nissan and General Motors. Tesla has grown dramatically through its ...

In 2015, the Powerwall was launched by Tesla. The powerwall is a rechargeable lithium ion battery that can be mounted on the wall. Tesla manufactures the pack and module while the cells of the powerwall come from Panasonic. The powerwall can save electricity that was generated from solar panels. It gets energy from the utility grid while there are low rates (Muoio, 2016). The energy will then be stored for future use. Aside from this, the powerwall serves as backup source of power in case there would be power shortage. Many changes were already made by Tesla to improve ...

Sustaining employee performance at the workplace goes beyond simply encouraging them to work longer hours by requiring them to report early and leave late. How an employee feels impacts on how well they can perform the work and thus the organization should invest in strategies that help employees to feel better about their job. Employees put in a lot of efforts to ensure that the organization achieves sits targets and thus need to be motivated throughout the process. The two positions chosen include chief finance officer and chief technology officer at the electric car automaker, Tesla.

Performance Management Systems

The process of ...

Tesla is an auto company incorporated in July 2003. It was formed by Elon Musk and Marc Tarpenning. The company's aim is to utilize its powertrain and proprietary battery technologies to manufacture electric cars that would reduce the dependence on fuel. It produced and sold its first car in 2007. The period between 2008 and 2012 was a challenging period for the company with losses totaling to $943.5 million. In 2013, the company turned around and saw its global revenues increase to $2.0 billion. The stock market price rose from $34 in January 2013 to $250 by March 2014. ...

“Three passions, simple but overwhelmingly strong, have governed my life: the longing for love, the search for knowledge, and unbearable pity for the suffering of mankind.” Russell’s quote has encouraged and inspired me to cherish every single day of my life and to prepare myself to make this world a beautiful place. The words recenter me in times of chaos and allow me to focus on things that truly matter. Moreover, thanks to my parents who both have Ph.D. degrees, I have always been interested in science and learning. Since an early age, I was interested in attending ...

Agenda

Tesla Motors company profile American market SWOT Analysis Public relations objectives Strategies Tactical programs Tesla Motors Inc Tesla is one of the leading American automakers and energy storage devices. The company's products have infiltrated the global market due to high trust levels and economic costs of maintenance. Additionally, the company offers luxury cars models that suit both the celebrities and the common customers and hence widening its market globally despite the presence of high competition in the motor vehicle industry.

Tesla has two models of electric vehicles for customers' selection.

Model X sport utility vehicles (SUV) which offer features like electronic control, all-wheel drive dual motor operational system, as ...

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Management and its philosophy stem from one integrated objective – i.e. how to achieve organizational growth and goals, remain effective and efficient, while helping stakeholders achieve their goals and aspirations. Effectiveness is defined as the organizational goal that management has set and how it goes about achieving them. Efficiency is defined as the best way management uses its resources to help the organization attain its goals. Amazon is the best example of a company which is both very effective and efficient. The aim ...

The company considered for the financial analysis for the last three years is Tesla Motors Inc. the United States of America automaker that produces 100% electric cars. The headquarters of Tesla are located in Palo Alto, California between the most important companies of high technology in the world and with a new warehouse facility in New Mexico, United States of America. The company had a constant growth since its foundation in July 2003, but with a high proportion of liabilities in its assets, giving the company a caution condition between the investors. The following are the most important financial ...

While sustainable development means meeting the needs of the present and future generations, and a focus on prevention of environmental degradation, several factors influence the attainment of these goals, specifically culture and organizations. Sustainable development as a concept first appeared in the Brundtland Report of the World Commission on Economic Development (Buchanan 29). The Brundtland Commission was established in 1985 to address environmental problems due to economic development. Atmospheric pollution, climate change and global warming, accumulated wetlands, decreased freshwater quality, topsoil degradation, endangered species of animals and fishes, and forest degradation were environmental concerns discussed in the Brundtland Commission ( ...

The considered company is Tesla Motors Inc. Tesla Motors is an American company established in 2003 in California, United States of America. Under the command of Elon Musk, the company manufactures and markets vehicles as well as components and batteries for other manufacturers such as Daimler or Toyota group. Taking the name of the physical and engineer Nikola Tesla develops induction motors and compact systems with a lower number of a conventional heat engine moving parts. Also, the company has its patents for manufacturing, which have been released to the public since 2014 (Bloomberg, 2016). The main objective of ...

Analysis of Tesla Motors

Analysis of Tesla Motors

Introduction

Organizations must use any strategy that will enable the organization to stay competitive and to also learn about any processes within the organization that could be changed in order to increase proficiency and efficiency. One such process is a critical analysis of the microeconomic and macroeconomic environment as well as any challenges that the organization may be encountering. This essay will perform an analysis of Tesla Motors to include the history of the organization, organizational regulations, factor markets, global pressures and foreign competition, cost structure, economies of scales; a critical analysis, practices of economic theory ...

A JOURNALISTIC PROFILE

Elon Musk: A Journalistic Profile While the world rightfully acknowledges the contributions that such people as Bill Gates, Steve Jobs, Larry Page and Sergey Brin, and Mark Zuckerberg have made to the world of technology and science; one person whose contributions may significantly surpass these five leaders and influencers is Elon Musk. Though Musk is widely known as the CEO and creative influence behind Tesla Motors, the auto manufacturer known across the world for its innovative and highly stylized electric sports cars, what few realize is that Musk has been operating at the intersection of science, information technology, entrepreneurship ...

Introduction

This paper focuses on Automated Guided Vehicles (AGV), driverless, and autonomous trucks and cars—collectively referred to as “driverless and autonomous vehicles” in this paper. The transportation industry is one of the most important sectors in the world economy. It ensures that goods and services can freely flow within unrestricted (i.e. trade-able) areas. This is allowed through the fast and efficient (as much as possible) of commodities and people. The premise is that the faster and more efficient goods and people can be moved from one point to another, the more booming the transportation industry will be. A booming ...

Solar energy harnessing through the use of solar panels installed in small homes presents better alternative to the hydroelectric provided through the national grid. While the use of solar panels may provide several advantages over the use of hydroelectricity, its usage presents several pitfalls to the user. It is imperative to investigate and outline the possible costs and advantages associated with the use of solar panels as a source of harnessing solar energy before installation is started. In most cases, the decisions concerning the installation of solar panels as the primary source of electricity are normally based on the ...

Abstract

Radio has definitely been one of the most significant technological devices for more than a century. From the moment of its invention in the early 1800s till new developments in recent years, radio has performed a lot of important functions. Throughout the history, radios helped to supply communication and provide entertainment to many cultures. More than one hundred years already, radio still remains a powerful force in American life that will also retain its potency for some time to come. This unique form of mass media has the potential to reach any people, even the illiterate ones. No matter ...

Introduction and Background

The demand for creativity and innovation at the workplace is common for managers and business executives. Innovation and creativity are common tenets of the business strategies adopted by many corporations. Organizations also used innovation and creativity as the element through which they acquire a competitive advantage. Scholars such as Mann and Chan (2011, p.1) find that the concepts of innovation and creativity have gained enjoyed a lot of interest in the recent past. The interest in the concepts has resulted from a shift in how they are perceived. Mann and Chan (2011, p.1) report that the concept of creativity ...

Executive summary

Tesla is an example of a company that is able to disrupt an industry. Before Tesla, the fully electric car was an idea in the research and development laboratories of gasoline-powered cars. After Tesla, the fully electric car is almost synonymous with the name of the company. The technologies behind the car are still expensive and this means that it is still a niche product. However, Tesla is working towards making it a more mainstream car. This paper looks at the efforts of Tesla to get its Model S into the Singaporean market. This paper begins with an introduction ...

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Executive Summary

Tesla Motors was developed in the year 2003 and has been the pioneer of producing the environment friendly vehicles ever since. The company has been widely known for its high performance sports cars that are equipped with the latest technology features and hinder the carbon emission, which eventually makes its vehicles environment friendly. The company is aimed towards reducing its inventory, production and distribution cost and provide high-end vehicles at low cost. The company is focused on enhancing the customer experience by means of providing them with the innovative features and design while keeping the cost low ...

International Operations and Management

International Operations and Management Hedley (2016) revealed that managing international operations is an increasing concern for global companies (Harrison, 2011, p.3). Some of the reasons given by upper management are to remain competitive, as a growth opportunity, and to improve profits (Harrison, 2011, p.3). Global companies revealed that the main difficulty is choosing what entry strategy to use, which includes licensing, exporting, joint venture or direct investment (Foley, 1999, p.31). The report will examine the opportunities and continuing challenges of an international operation for a global automotive company under the entry strategies of joint venture and direct investment.

International Operation Challenges and Opportunities

Joint ...

The case study reveals that there are a number of challenges faced by Tesla. These challenges rose up when the environmentalist came up with laws and regulations so as to limit the fuel emission from cars. Then technology chipped in which called out for making car models which are based on the latest form of innovative technologies in terms of fuel consumption. Many international car manufacturers have also joined the automobile industry including the companies from Korea, Japan, and China. Due to the increase in care manufacturing companies, the competition has also soared for Tesla. There were some questions ...

Business

2016-07-23

Introduction

This paper is devoted to the issue of the companies of Elon Musk and Tesla and their compliance with the Moral Compass (Elon Musk’s Empire, 2016). The chosen news is related to the personal and corporate integrity. It should be noted that personal interests as well as professional interests can impact on the company. In this case, expression and defending each of own interests by the business entity can lead to a phenomenon that is called a conflict of interests. Entering into transactions with each other, every company seeks to realize selfish interests, which may not coincide ...

QUESTION A

Credit Default Swap It is a financial instrument lenders use to hedge default risk. The lender acquires a CDS and pays premiums to the CDS seller who takes the default risk (Lasher 200). If the borrower defaults, then the CDS seller pays the par value of the loan to the lender. The CDS seller also pays the protection buyer accrued interests on the loan during the intervening period.

Cash flows in case of no default

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 A will pay quarterly CDS premiums to B for the three years. At the end of ...

QUESTION A

Definition of Credit Default Swaps A CDS is an instrument used to transfer the risk of default or credit exposure between two or more parties (Fabozzi and Kothari, 2008). It protects the lender from the possible loss of default by the borrower. The lender (protection buyer) pays premiums to the CDS seller. In return, the CDS seller guarantees to pay the lender the face value of the loan plus interests due in the intervening period if the borrower defaults.

Cash flows

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 The borrower does not default ...

QUESTION A

A Credit Default Swap is a swap that protects the lender from the risk of loss resulting from the default by the borrower. The protection buyer of the CDS (the lender) makes periodic income payments (CDS premiums) to the protection seller who in return guarantees to pay the lender the principal in case the borrower defaults.

Cash flows when there is no default

Notional amount = $1 million Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly CDS premium = $10,000 If the borrower does not default, the protection seller will make a profit of $120,000 at the end of the third year ($10,000 ...

Market Research Report for Tesla

Executive Summary Tesla is currently considered as one of the global leaders when it comes to innovations and the production of electronic vehicles. Some of its famed products include the Tesla Roadster, Model S, Model X, and Model 3. The company under the leadership of Elon Husk, the CEO, ventures into external markets with the aim of maximizing profits. China has been one of the target markets that Tesla has already explored and now aims at ensuring that the company gains a competitive advantage over the existing electronic vehicle companies. This is after China was predicted to offer the ...

GAAP and Consolidation

The Generally Accepted Accounting Principles (GAAP) that are used in the United States issue very specific instructions on how companies should consolidate their financial reports when a merger or acquisition is accomplished. These instructions came as a result of the Enron scandal during the early 2000s, as the energy company shifted deadweight losses to subsidiary companies owned by executive staff to make its balance sheet look as profitable as possible. The losses were therefore hidden from public view, and contributed towards the impending financial collapse of the company. Because Enron led by example, the Financial Accounting Stability Board (FASB) ...

External Analysis

The first opportunity was holding a design contest for its first product. In this manner, the company managed to secure the manufacturing and engineering expertise of Lotus cars who brought experience to Tesla Motors. The use of Lotus’ software and tools also ensured that a company that has specialized in the area built the chassis. There were financial challenges that faced the company due to the misleading by the CEO, who lied to the investors about the manufacturing cost of the car. Furthermore, there was a discovery that the technology used was outdated, resulting in safety issues in the ...

Assumptions

In the preparation of the above ProForma income statement, the following assumptions have been made; The base year for the ProForma income statement is 2015 as presented by the data on YAHOO finance (finance.yahoo.com).

All revenues to the company will grow by 12% for the next 5 years beginning 2016.

All expenses incurred by the company will grow by 10% for the next five years beginning 2016. The growth in expenses is attributed to the growth/increase in revenues generating activities.

Income tax expense and interest expenses will grow at the same rate as all the other expenses

The company will not make significant capital investments within the period represented by the ProForma statement. All the above assumptions have been made to help predict the possible income that will be earned by Tesla ...

Thesis

Improved Detection and Characterization of Obscured Central Gland Tumors of the Prostate:

requirementsRequirements for the degree of

2016

©2016 by All rights reserved Approved by First Reader Boris Nicolas Bloch, M.D.

Associate Professor of Radiology and

Director of Bioimaging Science Second Reader Kevin Thomas, Ph.D.

Assistant Professor of Bioimaging and Health Emergency

DEDICATION I would like to dedicate this work to my patient spouse Landry, my wonderful children Charlie and Phoenix, and my dog Armani. (Delete this page if you don't need it. Be sure to delete all the text on the page, and the page break after it, not the section break before it. To see the section and page breaks, ...

A History of Innovation

Tesla was founded in 2003 by engineers who wanted to capitalize on the growing market for electric vehicles (Tesla, 2016). Tesla was named after Nikolai Tesla, and the corporation uses several of his patents in the construction of its vehicles. Our major production was the Tesla Roadster, created in 2008. The Roadster could go from zero to sixty MPH in 3.7 seconds, making it one of the quickest vehicles on the market, let alone one of the fastest electric vehicles. The company would sell 2,400 of the Roadsters in total. In 2012, the company launched the Model S ...

Tesla Motors is one of the most promising companies in automotive industry regardless of its business struggles in the past. In fact, despite the costly prices of its unique cars, the company has gained strong based of consumers and followers of the brand. With this impressive performance in the market, a study concerning its business strategy through SWOT analysis and Value Chain analysis is worth setting. It is interesting to note the fact that the company has reportedly reconfigured its system and has taken full charge and ownership of its value chain concerning strategy. This is with a determined ...

Competitive advantage and strength

Tesla Motor deals in electric-powered vehicles which is a product that is totally new in the world market. The world is currently suffocating in carbon dioxide from exhausting cars which are gasoline powered. It is with great pleasure that Tesla has come up with a solution to end such emission by producing cars powered by electricity. Therefore, the biggest competitive advantage Tesla Motor possesses is their ability to produce the much awaited carbon-free vehicles. Apart from carbon free vehicles, the cars are cheaper and safer according to the testimony of most of the customers who have used the products. ...

Introduction

Organizations refer to entities or enterprises with distinct goals and aspirations, which operate within strict definitions or boundaries (Senior, 2002). In this perspective, organizational change is a phenomenon that occurs in every organization with a wide operation base. However, the magnitude of change is dependent on the size of the organization or the complexity of operations that the company or an organization engages in, either in products or customers. Moreover, organizational change can also be planned by the organization or unplanned. Unplanned organizational change is a result of external and internal forces that lead to the change of operations ...

Abstract

This report analyzes the BMW’s controversial activities, which involves the production of electric Tesla cars. Although dubbed ‘green' vehicles, they pollute the environment as reported by the Company’s customers from Hong Kong, China. The paper uses a pair of theoretical concepts of Business Ethics – Kantian Ethics of Duties and Utilitarianism, which it applies to the issue at hand. In addition to that, the report compares the frameworks with the sole focus on how they relate to the BMW’s case. Lastly, it gives a few recommendations that BMW can use in handling the problem.

Introduction

This report outlines ...

Article readings.

The first quote as stated by Gratton & Erickson (2007) is that ‘although teams that are large, virtual, diverse, and composed of highly educated specialists are increasingly crucial with challenging projects, those same four characteristics make it hard for teams to get anything done.' This is a fundamental point that has been raised by the authors as they point out that in fact the aspects needed for the promotion of success are the same ones that would most likely undermine the intended success of any entity. This is because research has even proved that those who are found in the ...

Introduction

The Oxford English Dictionary has myriad definitions for the word ‘cool,’ from the conceptual physical sciences where cool means lower temperature, to its cultural connotation where cool means “restrained and relaxed,” such as jazz, and “fashionably attractive or impressive,” which could be a person, trend, habit, or behaviour. If one means pop culture, then it's harder to define what is cool, because the pop culture is broken up into subcultures, each with their own definition of cool. One cannot look at the current age with the same perspective as you look at previous ones. There are reasons for this. ...

The Ford Motor Company has been a powerful automotive company since its foundation in 1903. Founded by Henry Ford, the company quickly became a leader in innovation, notably inventing the assembly line process which allowed for cheaper production of cars for Americans to enjoy. Ford Motors survived the Great Depression and every recession since then, but the International Financial Crisis of 2008 affect it differently. US automakers heavily influenced by the crisis, as GM, Chrysler, and Ford were folding under due to many reasons, namely international competition, healthcare coverage, and the tightening of the American wallet due to the ...

Introduction

The Tesla autopilot system is a system that uses a front-facing camera, a forward-looking radar, 12 ultrasonic sensors, and GPS to maintain the car on the road. It is not a fully autonomous it does not drive the driver to their particular destination or sense the traffic lights. It simply helps the driver navigate the road more easily and warns them of any oncoming traffic (Zolfagharifard 1). The driver does not drive the car but instead he or she acts as a system operator. The Tesla systems adapt and learn from the mistakes and obstacles from the systems of ...

1.0. Introduction Founded in 2003, Tesla Motors has undergone excellent growth in many aspects such as company size, profitability, product line, etc. Based on gradual progress, now the company has grown into one of giant industry players. It mostly deals in electric cars and trains with more focus on former (The Case, n.d.). This report sets out to analyze the company’s current strategies relating to its product line and future prospects of growth and identify the areas for improvement. In the final section, the consultant recommends the most practical strategy to the company directed towards raising its competitive ...

Tesla Motors Inc. is American energy storage and the automotive company that designs, manufactures and sells electric vehicle powertrain components and battery products. Tesla Motors is also a public company that trades on the NASDAQ stock exchange under the symbol TSLA (Carlson & Robertson, 2014). Tesla Motors company manufactures home and office battery charging equipment and has also installed a network of high-powered Superchargers across North America, Asia, and Europe. The company also operates a destination charging program where shops and restaurants among other venues are offered fast chargers for their customers. The market structure in which Tesla Motors competes ...

Virtual money of $100,000 was invested in diversified stocks during the stock trading simulation. The portfolio consisted of stocks from twelve companies all belonging to different industries. An overall profit of 0.41% was achieved in one month through the virtual simulation exercise. Stocks of all the companies are either listed on the New York Stock Exchange or the NASDAQ. One hundred shares of General Electric Company were purchased on 4th April when the stock price was $31.69. These shares were sold on 7th April when the stock price decreased to $30.64. The stock of General Electric was sold ...

Bargaining power can be defined as the ability to identify parameters in a negotiation, gain accommodations from other negotiating side, and tip the result of mediation to the preferred alternative (Dong, Zou & Taylor 101). Multinational Corporation, on the other hand, is a company with assets spanning over to other foreign countries besides its country of origin. These companies operate factories and offices in different countries with global activities controlled from a centralized location, mostly a headquarter. The ownership of these corporations is sometimes private. Some states form companies or seek shares in multinationals that are used to make foreign ...

NameInstitutionDate

Tesla Organization Organizational Structure The organizational structure of Tesla Motors is similar to many other automotive companies. The shareholders are at the top of the management food chain, followed by the Board of Directors. Elon Musk, founder of Tesla Motors is on the Board and acts as the Product Architect, as well as the Chairmen of the Board. Below the Board is the CEO, or Chief Executive Officer. They are in charge of strategic leadership, and management of different branches. They directly oversee the President and Board of Director, who is in charge of four individuals, the CTO, CIO, ...

Results and Discussions

As mentioned in the research strategy section of this paper, a combination of quantitative and quantitative data was utilized during the study’s implementation phase in an effort to systematically answer the research question. The main research question basically asks whether it is feasible to establish solar energy as a main source of energy for majority of Saudi Arabian households by the year 2020. The expected answer to this question is a yes, as defined by the perceptions of the individual households in the country and the projections and expert opinions of a professional working in the energy industry ...

(Teacher)

The largest problems of humanity are not the technology centered issues. However, they are large problems that can be fixed with future inventions of better technology. For example, in order for humans to live healthy, we rely on clean air, clean water, and clean soil. We need a planet that can sustain us. In order for that to happen, the planet Earth needs to have the help from humans to maintain its ability to provide clean air, water, and soil. Humans use tons of dirty energy that pollutes the air, water, and soil. The logical solution is to ...

Founded in 2003 by Marc Tarpenning, Martin Eberhard, and Elon Musk, Tesla Motors Inc. is an automotive firm that develops Electric Vehicles (EVs). According to Holmberg (2008), as part of its global strategy for growth, Tesla sought three strategic alliances with other auto manufacturers namely: Supplier, Research and development (R&D), and Original Equipment Manufacturer (OEM) alliances. The alliance with Lotus, a United Kingdom company would guarantee the supply of unique chassis for the EV (Cheong, Song and Hu 1-10). Panasonic Company from Japan supplied battery cells whereas Borg Warner in the United States supplied single-speed gearbox. For research and ...

Introduction

Tesla Motors Company is an American company that designs, manufactures, and sells electric cars as well as components of electric vehicle powertrains. Tesla Motors is also a public company that trades on the NASDAQ stock exchange using the symbol TSLA. The stock exchange of the company has been recently rising tremendously. In the year 2014 the stock of the motor company rose up to nearly 70% and in the last 12 months, the figure incredibly rose up to 618%. Tesla Motor Company was founded in California's Silicon Valley and was incorporated in July 2003 by two individuals, namely Eberhard ...

Industry Analysis-Tesla Motors Company

Industry Analysis-Tesla Motors Company

Overview

The automobile industry is a very cyclical business. It is closely tied to the economical prices and cycles as well as other key macro factors. In comparison to the traditional segment, the alternative fuel segment has benefited heavily from the increasing prices of oil (Hoffmann & Coste-Manière, 2012). They are highly dependent on the technological or the political environment regarding supporting different government innovations and initiatives that can drive the prices of vehicles down. After almost a century of fueling vehicles using diesel and gasoline, the automobile industry is in a sharp transition towards obtaining ...

Innovation and Technology Management Individual Report

Innovation and Technology Management Individual Report

The research idea selected is the tesla Model 3 electric vehicle. This vehicle the most recent innovation in the transport industry since it offers environmental sustainability as a benefit to users. The company has developed the vehicle as an electric vehicle with zero carbon emissions. It is expected by Tesla Motors that the new and innovative vehicle will be ready for shipping to consumers by the end of 2017. According to the Tesla website, the vehicle is highly efficient in energy consumption since it allows a range of up to 215 miles per ...

Answer.The case statement is focused on the unpredictability of Tesla’s future as a successful car manufacturer in coming scenarios due to decreasing revenues and declining stockholder expectations. The case statement is derived from the problematic fact owing to an entire lot of issues like rising expenses, lawsuits against the direct consumer approach based business model, and unsupportive response from the local markets and trade analysts because of deliberate inflation of financial performance. Given the importance of economies of scale in the auto manufacturing and technology industries, what is your long-term forecast for Tesla? Answer.The auto manufacturers and technology ...

Tesla’s business model is very difficult to put into practice in the current general environment, because there are many factors that influence the development of technology and automotive industry upon which Tesla’s strategic decisions depend. The company introduced very innovative and costly cars and now it is important that in the key markets there will be a very strong upper middle class. If the global economy and the economies of the developed countries continue to grow, Tesla will have much many business opportunities. One more economic factor that is going to have a very positive impact on ...

This paper would be dedicated to the assessment of the business environment of BMW Company in the European region. Three following perspectives would be considered: demographics, technology and innovation.

Demographics

In accordance with the information, represented by the ICCT (2013), there is a significant decrease of the total number of the registrations of the new passenger cars since 2007 (there was a 23% decrease in this index). It is possible to state a fact that there is a direct interrelation between the economic climate in the region and the vehicle sales trend. This trend is evidently represented in the southern ...

Tesla stock has continued to rise steadily as from February. However, significant changes in its stock prices were evident from February 20th to April 4th. The performance of the company’s stock has been influenced by its electric model 3 unveiling. This is a mass-market automobile that is expected to pose stiff competition to other automobiles such as Audi, Mercedes-Benz, Lexus, which are gas-powered and similarly priced as the model 3. The only company that is producing an electric automobile similar to Tesla’s is General Motors. In just these two months, the company stocks jumped with over 100 ...

The Tesla Model 3 is all electric, four –door compact sedan, which is designed and manufactured by the Tesla Motors. The model was introduced into the market on 31st March 2016. Initial production, as well as deliveries, are planned to occur at the end of 2017 (Teslamotors.com). Tesla Motors plans to sell this model in a couple of markets, such as Brazil, India, South Korea, Singapore, Ireland, and South Africa. The major specifications that the model is expected to have include supercharging capability, rear wheel drive, rear and front trucks, and a minimum of 215 miles range (Gold). Tesla ...

INTRODUCTION

The electric car was introduced to the market over a hundred years ago. The car used a battery to power most of its applications during operation. There are two varieties of the electric vehicle in the market. First, the hybrid electric vehicle (HEV) has a battery and a system of the electric drive but has no capacity to plug in. The second type is a plug-in hybrid vehicle (PHEV) which obtains its energy from liquid fuel or the battery and has a plugin. Over the years, the performance capacities of these cars have been improved up to 300 hp ...

Article Summary

The Tesla Motors is expected to face considerable increase in its profits from the launch of its new electric car, Model 3. The car is aimed to achieve higher sales due to its lower price. The car is priced at $35000 . This is quite an attractive offer for low cost car purchasers. Moreover, there is a tax incentive for such electric cars from the government. Presently the government is offering a $7,500 tax credit on the model. This rebate is further bringing down the price of the car to the buyers. Since the demand for low priced cars ...

Biography

Nikola Tesla was born on July 10, 1856 in Smiljan, Croatia, as a fourth child to parents Milutin Tesla and Djuka Mandic. His father was a Serbian Orthodox Priest while his mother was an inventor of household appliances. Although pressured by his father to join the priesthood, Tesla was mostly interested in sciences. His calling was towards electrical engineering, for which he studied at the Polytechnic Institute in Graz, Austria, the Realschule, Karlstadt and the University of Prague. Tesla moved to Budapest and began his career working with a telephone company in 1881 and it was during this time ...

Tesla’s target customers

Tesla focusses on high end automobiles that are able to attract premium prices from consumers. Such is the case with the introduction of the Model S brand and the Tesla Roadster that were both high end electric cars meant to compete with other luxurious brands. The Tesla Roadster was able to compete with Porsche while Model S competed with brands such as BMW and Audi 6 .

How Tesla satisfies customers’ needs

Tesla satisfies the needs of its customers by adhering to the needs of eco-friendly cars with internal combustion capabilities. Tesla is committed to providing high quality cars that are responsive to the changes ...

Tesla Motors Inc. is going to launch its new electric car, the Model 3, on Thursday. The model is going to be low priced one at $35,000 . The objective of the manufacturers is to increase the sale volume so that the revenue increases bringing in some profit for the company which the previous models like Model X and Model S have not ensured. The company has attempted to make this model at a considerably lower cost. It is made of steel and not aluminum like the previous high priced models. The battery is also going to last for ...

Introduction

Enhancing performance requires effective identification of key issues that a business faces. That is because it helps in selection of suitable strategies as well as allocation of resources. With that, the following is a summary of the Tesla case study identifying the issues facing the company from the Market line case study and proposing suitable solutions as well as their implementation.

Analysis

Issues discussions and options Issues Business operations are normally subject to various factors that influence not only their performance but also the financial performance. In that view, Tesla motors operates in a competitive environment with dynamic factors that ...