An Truong Nguyen
Stratford University
Entrepreneurial Leadership: Tesla Motor
Overview
Tesla motors is one of the silicon based firms which normally design, manufactures and also sells variety of electric cars as well as other electric vehicle components and accessories. It is one of the public companies which trade on the famous NASDAQ market stock exchange. The company was found to make some huge profits for the first time after a period of ten years of trading. This took the development of effective leadership skills and tactics as well as significant corporate strategies that were oriented towards boosting the success of the firm by way of making it gain the necessary competitive advantage.
This firm gained some significant form of attention when it produced the famous Tesla roadster which was the very forts fully electric car for sports, which was later followed by the Model S an affordable family electric sedan. The firm currently has about three thousand employees and has been seen to continue recruiting other several employees for various positions within its headquarters in different regions.
How the Company has grown over the years
Over the years, the company has been seen to continuously gain some significant competitive advantage over the other similar companies. This has been realized through effective enacting of corporate strategies as well as a change in the organizational hierarchy over time. The firm has thereby been viewed as one of the most entrepreneurial companies of the time.
The firm was seen to make significant form of progress after it changed to an auto-manufacturing form of an industry. Their initial launch of the fully electric car in 2008 marked the beginning of huge success for the firm. During this period, the firm completely sold out of the stock production and has since then been focused on the development of some more suitable cars for the entire
References: Catlin-Legutko, C., & Klingler, S. (2012). The small museum toolkit: Book 3. Lanham, Md: AltaMira Press. Kiermasch, C. M. P. (2010). Tesla Motors - Eine Innovation von Martin Eberhard und Marc Tarpenning zum Durchbruch des Elektroautos?. München: GRIN Verlag GmbH. Lundgren, E. F. (1974). Organizational management: Systems and process. San Francisco, Calif: Canfield Press. Naoum, S. (2001). People and organizational management in construction. London: Telford. Rahim, M. A. (2011). Managing conflict in organizations. New Brunswick [NJ: Transaction.