Nikola Tesla Case Study

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patents. “Consistent with our mission to accelerate the advent of sustainable transport, we announced a patent policy in which we irrevocably pledged that we will not initiate a lawsuit against any party for infringing on our patents through activity relating to electric vehicles or related equipment for so long as such party is acting in good faith” (Intellectual Property, secfiling.com, 2015).
Types of Innovative Products/Services
Tesla Motors utilizes an AC induction motor, which was invented by Nikola Tesla in 1888. In the article, How Tesla will change the world, author Tim Urban (2015) explains how an induction motor works:
“AC stands for alternating current, and induction means there’s no physical contact between the rotor and the stator—electricity in the stator generates a rotating …show more content…

Elon Musk (2006) explains that:
“In keeping with a fast growing technology company, all free cash flow is plowed back into R&D to drive down the costs and bring the follow on products to market as fast as possible. When someone buys the Tesla Roadster sports car, they are actually helping pay for development of the low cost family car” (Musk, 2006, para.4).
Tesla is will begin production of the Model 3 in 2017 and the vehicle will be delivered to consumers in 2018. Tesla also produces batteries for residential, small businesses and commercial industries. “Tesla batteries integrate with solar to harness the abundant power of the sun and reduce our reliance on fossil fuels” (Energy, Tesla, 2016). Tesla Motors has expanded and developed the Powerwall and Powercharge, which are Tesla batteries that integrate with solar power to store energy. These batteries are available for residential, small business and commercial use. This is a recent add on for Tesla and they plan on expanding this section of their company, as the world moves towards sustainable

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