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Tesla company analysis
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TESLA MOTORS called “TESLA” is a U.S automotive and energy storage company. The company was founded in 2003 by engineers from the Silicon Valley in San Francisco (U.S). The chairman, CEO and product architect of the company is Elon MUSK. the company is based in Palo Alto (major office location) but it has more than 55 others offices all around U.S.
The company is registered on the stock exchange market: NASDAQ and its stock symbol is: TSLA. In 2015, TESLA’s revenue was $3,7billionn (+27,5%): $1,11bn during the 4th quarter. The company continues to operate at a loss despite this improvement in revenue. Losses are due, in large part, to high sales and Research & Development costs.
The main goal was to prove that electric automobile has higher
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The company sells its product through an important network of stores but also through Internet. The home market (North America) represents the main part of the world concerning its sales (75%), then we find Europe with approximately 25%. Since 2014, Tesla is on the Chinese market with 14,9%.
Mergers & acquisitions:
In 2016, Tesla and Solar-City have merged. In fact Tesla announced that an agreement of $2,6billion with Solar-City (solar energy producer). This company has also been created by Elon MUSK. This merger wants to create a relation between solar power storage and energy supply for electric cars but also power station, houses and offices. TESLA says that this merger will allow to increase TESLA revenues and help the company to improve its profitability.
In November 2016, TESLA also announced to buy the company Groh-Mann Engineering. The company will be recalled: TESLA Groh-Mann automation. This acquisitions will allow the company to increase its effectiveness: produce 500 000 cars by 2018.
Main Activities
TESLA count more than 13,000 employees all around the world.
Cars
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For the next year, the company wants to deliver between 80,000 and 90,000 copies of MODEL S and X ( an increase between 58% and 78% compared to the previous year). As seen previously, the company has launched, since the beginning, 3 products:
● The ROADSTER: launched in 2008. TESLA sold more than 2,000 ROADSTERS around 30 countries in the world.
● The MODEL S: launched in 2012, the first electric sedan car with 7 passengers. This model has been elected “car of the year” in 2013 and received 5 stars concerning the safety.
● The MODEL X: launched in 2015, it’s the first SUV (sport utility vehicle) model. This model is sold in all the markets where previous models are available (US, Europe & Asia).
● The MODEL 3: launched in 2016 but the production didn’t start yet (2017). It’s a lower price sedan. This product is address to the mass market.
Energy storage products
To complete its manufacturer activity, TESLA sells also energy storage products. These products are in addition with the vehicle powertrain systems. The company announced a new generation of energy storage products for uses at home, commercial sites and utilities:
● Powerwall: the 7 kWh and the 10kWh for houses,
The Automotive, or electric car industry particularly, comprises all those companies and activities involved in the manufacture of electric motor vehicles (EV), including most components, such as engines, bodies and rechargeable batteries or another energy storage device. The industry’s principal products are passenger automobiles. Despite the fact that the first electric cars were produced in 1880s , the advances in internal combustion engines, especially the electric starter, soon diminished the relative advantages of the electric car and became the dominant design in the market. Due to this the EV was almost a forgotten industry staying in the early stage of development, conforming to less than 1% of the automotive stock
Ford motors first car was the Model, A which was upgraded much time. The Model T was introduced on October 1, 19...
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
The new car model has been in stock for some time and the model wasn't selling.
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).
The focus of Tesla Company is on a niche in the automotive industry, which is building and selling electric cars. To a company like General Motors, the electric cars line of business is considered a side business, hence it only needs to study the patterns of Tesla’s cars then build on of its kind that will take Tesla out of business (Debord, 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, 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 was founded in 2003 by a group of intrepid Silicon Valley engineers led by successful business owner, Elon Musk as another one of his top successful ventures over recent years past. They utilized Nikola Tesla into their brand name because their engine model was created using his personal models and technology. Musk’s goal revolves around accelerating the world’s transition towards electric mobility through providing a range of increasingly affordable electric vehicles, while simultaneously catalyzing innovation within the industry. The company designs, manufactures and sells electric vehicles and electric vehicle powertrain components. They are also the only automaker providing highway capable electric vehicles in North America and Europe. According to recent paperwork filed with the US Securities and Exchange Commission, Tesla produces at least 15 cars per week — mostly custom-ordered vehicles manufactured to owners' specifications.
Manufacturing will run on 100% renewable energy helping our environment a lot. As of the year 2018 almost 500,000 cars should be produced. Tesla’s market value is $33.5 billion. Tesla’s stock market has risen over 1000% since 2012. To start tesla Elon Musk invested $70 million of his own money. Elon Musk is a successful businessman with 4 companies valuations over $1 billion. Elon Musk has a networth of $12.1 billion. Many of the Tesla sale models are illegal in many U.S.
Due to physical reasons, Tesla vehicles cannot be recharged comparably quickly to a petroleum fuel-powered car
This has resulted in exposing many automobile users to unpredictable prices of fuel. These issues were, however, the reason for the inception of Tesla Motors so as to bring into existence another set of automotive which serves the similar purpose but uses another form of energy that is electricity to drive them instead of the disadvantageous gasoline-powered engine. This invention was influenced by a number of factors in terms of its planning and performance (Hunger, 2010). Factors affecting Tesla’s planning and performance. The success of any organization, just like the Tesla Motor, largely depends on the planning of the activities by the management team in the company.
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.
... something to do with some kind of super technology. He is often cited in works of speculative fiction as an originator of strange theories and fantastical devices. Conspiracy theorists also bring his Unified Field Theory into their writings, stating that the work was taken by the secret cabals that control everything. As some of Tesla's work vanished after his death into the hands of the FBI, the truth or falsity of this idea cannot be determined.