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Tesla motors business case study
Tesla motors business case study
Tesla motors business case study
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Tesla Identity, Products and Services
Tesla Motors is a California-based maker of electric cars, as well as electric vehicle powertrain components, and a leader in the production of Lithium-ion battery packs. The three current product lines are:
* The Tesla Roadster, the first highway-capable and all-electric sports vehicle * The Model S sedan, a lower priced vehicle that targets mid-level consumers * The Model X, an electric crossover/SUV that blends an SUV with a minivan Tesla also provides an expanding series of charging stations for the Model S (most recently 119 in North America, 76 in Europe, and 26 in Asia). The U.S. sites are placed to allow owners to drive from station to station with minimal stops. Tesla Market Position
Tesla is known as the “Apple of automakers” -- unique, high-tech,
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He's skilled at partnering with other companies to develop new technology for them. These include Toyota and Daimier AG, which have also become investors in Tesla (Levi, 2013). Tesla is a small and focused company, nimble enough to respond quickly, and without the debt and pension burdens of the Big Three automakers (Levi, 2013). They were able to redesign the old Fremont NUMMI factory with state-of-the-art assembly lines. Customers look favorably on Tesla for design and innovation, and applaud its mission to reduce harm to the environment done by gasoline engines and emissions. However, it is burdened by being thought of as producing cars only for the wealthy. In addition, a spate of car and battery fires may have hurt its reputation for reliability. Tesla should try harder to get the message out that its research, investment and development ultimately serves the purpose of increasing the affordability of electric vehicles to the general population. Tesla Motors Core
As I mentioned above, Tesla sets themselves apart from competitors by fueling the cost of their own supply to produce lithium-ion battery packs used to power their automobiles. In the second automobile, the Model S sedan that Tesla designed, developed and manufactured, more than forty percent of the total cost comes from the manufacturing of the battery pack used to power the luxury sedan. The rising variable cost of technology is why the newly activated Gigifactory is needed. The Gigafactory will be the production line in assembling the battery packs. The goal is to supply battery packs for mass production for models that have already been introduced, and to produce less expensive battery packs for future models. (Young, 2015) “The full activation of the Gigafactory carries existential significance for Tesla, representing a new sense of urgency at a company known for its unreachable deadlines.” (Randall, 2017) The new challenge that Tesla faces is producing a battery pack to the new Model 3 automobile. Ultimately, this model will be more cost efficient for consumers, proving to be about $30,000 cheaper than the Model S sedan. The
When the Tesla Model S was first released, Consumer Reports named the Electric Vehicle (EV) the most remarkable auto ever tested. The consumer protection publication; that has been looking out for their readers since 1936; said that the Flagship vehicle from Elon Musk’s Motor Company, was essentially flawless. Its performance on the track and in safety testing was second to none. However, due to a drop in quality class; from average to below; the Tesla Model S has been removed from Consumer Reports’ Recommended List.
Tesla motors is a company that produces and sells automobiles. Tesla is not any old automobile company. Tesla specializes in all electric cars that run 100 percent on battery and focuses on the future. Tesla is looking into the future and realizes that fossil fuels will eventually run out. Tesla is moving toward a zero-emission future for the better. A tesla is a vehicle, an all-electric vehicle that combines safety, performance, and efficiency. In 2016 Tesla’s annual revenue totaled to 7 billion dollars. Tesla is a profitable company. Tesla has seen potential growth in annual gross income, since 2012 from earning 30 million dollars to 2016 earning 1.5 billion in annual gross income. (1) The Tesla factory is located
Chiefly, and most apparently, it is the goal of Tesla Motor to generate demand for Tesla vehicles (Andrade, Holloway, Payne, Roy & Sheffield, 2015). In turn, demand will drive leads to the Tesla sales team (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Tesla will continue to build long-term brand awareness, in addition to continual management of corporate reputation (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Tesla Motors will expertly manage the existing customer base to create loyalty and increase customer referrals (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Additionally , Tesla Motors hopes to enable customer input into the product development process (Andrade, Holloway, Payne, Roy & Sheffield, 2015).
In the recent past, Tesla has been noted as a great competitor in the automotive industry. This is attributed to its three huge competitive advantages. Generally, the advantage lies in its ability to bring about innovative disruption in the industry. This include; a strong battery supply chain that is sustainable in itself, a supercharger network celebrated by the customers and a software system several leagues ahead of its competitors (Zach, 2015).
Electric cars are attempting to bring on an uprising. A modern company, Tesla Motors, is bringing the all-electric car to life. Tesla has been very successful in the past couple of years, engineering a vehicle that will impress safety standards. Although it has been quite a bumpy ride along the way for CEO and founder Elon Musk of Tesla Motors. Tesla has big plans for the future. However, the plans will not be necessary unless Tesla is allowed to sell their vehicles directly to the consumer and not through dealerships.
Tesla Motors initially gained widespread attention by manufacturing the Tesla Roadster, the primary totally electrical sports automobile. The company's second vehicle was the Model S, a completely electrical luxury sedan. Tesla additionally markets electrical powertrain elements, as well as lithium-ion battery packs, to automakers, as well as engineer and Toyota. Tesla's CEO, Elon Musk, has said he envisions Tesla as an independent maker, geared toward eventually providing electrical cars worth cheap to the typical client.
Tesla designs and ideas are changing the world’s perspective on this technology as majority of our vehicles run on gasoline, and fossil fuels declining over time in supply. Tesla Motors believes that they provide an optimal solution to this growing problem and that their solution dominates among the competition of hybrid and hydrogen cars. This is supported by the fact that hybrids create carbon emissions and hydrogen cars produce waste water as a result while electric vehicles provide zero emissions and utilize simpler technology. Their car markets are primarily within the US but over the years they have expanded internationally and their popularity has blossomed within Europe as they have spread from Germany, to UK, Denmark, Norway, France, Italy, ...
Tesla’s are for people with high annual incomes, so the ones with low salaries do not spend too much money on luxury cars as Tesla’s; however, people afford Tesla’s because of the electric system and because the government encourage them with a pack in purchasing electric vehicles, and it also provides electrical charging infrastructure (Liu, Kang, Wu, Chen & Hon, 2014). There is no doubt that Tesla has studies very well its external environment to continue with its
Batteries- It seems odd at first but investors did not caught on to the fact that it’s the efficient use of the batteries that makes tesla products great. Tesla batteries certainly are a lot cheaper than its competitors. The efficiency of the batteries comes from its Panasonic cells. There are continuous improvements made to its batteries. Tesla batteries are better because of its sheer size and cell number. Bigger is better. Tesla cars are designed
Tesla's has new car battery technology. Tesla's new battery may help climate change. Most of greenhouse gases are from cars, airplanes, and boats. Tesla is trying to make people think that electric cars will be the key to climate change but they will also are trying to get money. The sales are going
Tesla will help improve the environment by reducing air pollution and by reducing fossil fuel usage by using electricity instead of gasoline. This will make the world a safer and more efficient environment. This will further improve how our future
Tesla Motors Inc. is an American public company which is known worldwide for its experience in designing, manufacturing and also the selling of electric cars and electric components for vehicles. The motor was started back in the year 2003 in San Carlos, California in the United States (Teslamotors.com, 2014). The company had its headquarters in Palo Alto and at the time of its inception, Elon Musk was its chief executive officer (CEO) (Hunger, 2010). Environmental concerns have been raised from time to time because of the dependency on the gasoline-fueled engine as the chief auto powertrain technology.
Tesla has managed to build a notable brand name for itself not in the electric car market, but in the overall automotive industry. Its brand performance offers a robust, reliable and unique image that gives customers the satisfaction that electric cars can be stylish, reliable, hassle-free and much less bulky than internal combustion engine vehicles.
The mission of Tesla Motors is creating affordable, fully electric, earth-friendly and sustainable vehicles. The aim of this mission is to influence and transition masses away from the excessive usage of natural and valuable resources to a cleaner and more sustainable future. As Tesla continues with its pursuit of going green, it also seeks a place in the highly competitive and lucrative car industry. The company has developed breathtaking designs that people keenly look for in...