Personal Summary: Nikola Tesla

Introduction Tesla Motors, Inc. is an American company that designs, manufactures, and sells electric cars and electric vehicle powertrain components. Tesla Motors first gained widespread attention by producing the Tesla Roadster, the first fully electric sports car. The company's second vehicle was the Model S, a fully electric luxury sedan. Tesla also manufactures and sells electric powertrain components, including lithium-ion battery packs, to automakers, including Daimler and Toyota. Tesla's CEO, Elon Musk, has said he envisions Tesla as an independent automaker, with the goal of eventually offering electric cars at a price affordable to the average consumer.

Just this small contribution can make a world of a difference to the environment. Tesla Motors Inc. is an American automotive and energy Storage Company, that designs, produces, and sells battery products, electric vehicle powertrain components and electric cars. The company was founded in 2003 by an entrepreneurs named Martin Eberhard and Marc Tarpenning, who invested in the company until the first round of venture capital financing.

Based on the product portfolio of Tesla, it is evident the targeted customers are mostly millennials from the middle income to upper middle-income population segment, who are enthusiastic to try the car based on innovative technology(Korosec,2015). While Tesla isn’t facing much competition at present, but the Competition is brewing up. Tesla’s existing competitors in the existing market are Chevy Bolt and Nissan Leaf (Trainer,2018) and the emerging competitors include lot of big players like GM, Volvo, Audi, Jaguar, Mercedes Benz Volkswagen etc., who are all investing heavily in the electric autopilot segment. Tesla’s core strategy comes with the value proposition built based on the truly futuristic technology used in designing the car, which give taste of exciting self-drive auto

Scott Siket 4/7/14 Block 1 Midterm Tesla Motors, Inc. is an American company that styles, manufactures and sells electrical cars and electrical vehicle powertrain elements. Tesla Motors may be a public company that trades on the NASDAQ stock market underneath the image TSLA. Within the first quarter of 2013, Tesla announce profits for the primary time in its 10 year history. 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.

The real-life Tony Stark is revolutionizing the car industry. Tesla’s CEO Elon Musk has started building all electric cars and SUVs and they are taking over the electric vehicle market. Although electric vehicles have been around for a while, Elon Musk and Tesla are the first to create an attractive car that gets fantastic range. Previous electric cars had odd proportions, did not get good range, or were unreasonably priced. Tesla now offers a solution to these issues.

Big Bang disruption can be described as the use of simplicity to swiftly change the market. Tesla is only a small California electric car company, but is special because it set out to change the effect technology can have on cars and car buying. Tesla Motors went after a different type of customer with their dealerships and sold them a very different kind of car. While it can be argued that Tesla is still only a small California electric car company, it can’t be argued that Tesla disrupted the car retail experience. Their model lead to more than “1 million store visitors in a single year, 15,000+ Model S reservations made in-store and online, +85% increase in revenue in the first year, and the Model S being named “Motor Trend Car of the Year”” These results are why the big bang theory applies to the Tesla dealership model.

Originally founded by Martin Eberhard and Marc Tarpenning in 2003, Elon Musk has since taken on the image of Tesla’s CEO and captain of innovation. Elon Musk has led the way in setting a corporate culture that motivates employees to advance technology and profitability. Tesla’s constant innovative culture has set the standard for luxury electric cars and solving the issue around the standard combustion engine.

Serves as a backbone to their plans of global expansion. Without these stations, even with the long range the cars offers, it is always a need to charge and refill the batteries. The production of a Tesla car, is being controlled all and alone by Tesla. Their factories are owned and operated by Tesla, and with the acquisition of Grohmann in Germany, they have further expanded their production to Europe. Also, mentioned earlier with a joint venture in China could further help the expansion into the Asian market.

The first concerns about auto emissions reestablished interest in electric vehicles. From then on, car companies strive to make better fuel efficient cars and hybrids. From the 1960s to now there has been major improvements in the technology of the hybrid car. Some improvements include the phase out of the NiCad battery. up until 2010, every hybrid vehicle operates using a Nickel-Cadmium battery pack to store power for its electric motor.

The beginning of hybrid cars goes back to the 20th century. The Paris Exposition of 1900 included the Lohner-Porsche Elektromobil which is the first ever hybrid car. The inventor of the Lohner-Porsche Elektromobil was a 23 year old engineer named Ferdinand Porsche. Porsche is known today for his Volkswagen cars and for the famous sport cars designed by his son. He created a vehicle that could travel 38 miles on electricity alone.