INTRODUCTION Tesla Motors is a global enterprise specializing in the design‚ production‚ and marketing of electric powered vehicles founded in 2003 by the young businessman‚ Elon Musk. Elon is well known for co-founding paypal‚ and now he amazes the world again with his incredible vision of Tesla Motors‚ and being the main product architect. Tesla Motors appeals to the environmentally friendly market‚ by currently being the only company to sell a zero-emission sports car. Tesla’s fundamental
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Robert Gibson 20FEB13 Persuasive Essay US History Nikola Tesla was a Serbian born American citizen who changed the face of electrical current as we know it. He was an inventor‚ electrical engineer‚ mechanical engineer‚ physicist‚ and futurist. Tesla was a person well ahead of his time and he paid dearly for it. Tesla’s achievements and his ability as a showman demonstrating his seemingly miraculous inventions made him world famous but later became the archetypal “mad scientist”. Tesla’s later
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Technology factors: · Technology is highly used and thus ready to assist in the availability of these cars. Ecological factors: · The cars that are produced by tesla are environmentally friendly. Legal factors: · The regulations in the U.S. help the growth of such a business. 2.For the Tesla Company‚ in order to analyze the industry’s environment‚ one has to cover each aspect of the Porter’s 5 forces. First force is the competitive rivalry which is considered very high
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presence‚ Tesla motors has taken a different approach in EV technology and I think its paying off. Though the challenges from the establish competition would be thrown in coming years and to maintain the differentiation would be tough which will reduce the capability to charge the premiums‚ hence the scale needs to be achieved for sustainability; the mass adoptability of EV would be the key and for that the Auto manufacturers needs to work hard under the federal support. Tesla Motors has positioned
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Product Demand – Tesla Roadster The Tesla Roadster is valued at £87‚945 with a £10‚000 deposit‚ in comparison to other electric vehicles this can be seen as a fairly expensive‚ because of this price the Tesla Roadster would follow an inelastic demand curve where a change in price would not drastically affect the demand‚ this is because there is not a large range of alternatives consumers can choose from at this price range for electric vehicles. Willingness to pay and demand for the car are
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Strategy is the key to success. Tesla Motors has separated from the competition in the automobile industry. The question is how and why It all comes to the type of strategy the company has implemented and what makes them different form their competitors. In todays global economy having a unique strategy on how to market to customers is very important. The customer needs will always change due to changes in their environment. This is why it is important to develop a strategy that fits the needs of
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MARKETING PLAN Strategic Marketing Plan Model S Premium Electric Car‚ Tesla Motors Inc August 20‚ 2012. New York University Author: Partha Mitra 2 Strategic Marketing Revision History Date Version Description Author 07/07/2012 1.0 Initial Draft – Purpose‚ company mission‚ company overview‚ industry analysis‚ Appendix Partha Mitra 14/07/2012 1.1 Added Competitor Analysis‚ SWOT Analysis‚ References Partha Mitra 22/07/2012 1.2 Added Segmentation
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TESLA Motor Inc. Keuka Sailors Keuka College MGT-520-MI007 October 19th‚ 2014 Mr. Andrew A. Kubrich Table of Contents Overview 4 Regulatory Credits 5 Risk factors 6 Risks Related to Our Business and Industry 6 Interest Rate Risk 7 Tesla’s SWOT Analysis 7 Strengths 7 Weaknesses 9 Opportunities 9 Threats 10 Common Size 11 Ratio Analysis 12 Cash Flow Estimation 14 TESLA MOTORS Valuation and Recommendations 15 Overview We design‚ develop‚ manufacture and sell high-performance fully
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Tesla and the Electronic World Guglielmo Marconi and Nikola Tesla both contributed to the development of wireless communication. Marconi‚ an Italian working in Europe‚ and Tesla‚ a Serbian born immigrant to the U.S.‚ battled for the right to hold patents for wireless communication technology of similar design. The privilege of being the name to bare mark in the history books and be called the one who brought us wireless communication was at stake. “Mr. Marconi is a donkey” said Nikola Tesla (Pickover)
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Tesla Motors in Singapore Chen Zhao | Eric Lim | Kshitij Gopal | Sidhanth Gopishetty Tesla Motors is an American automobile manufacturer specializing in designing‚ manufacturing and selling electric cars and electric vehicle power train components. Headquartered in Palo Alto‚ California‚ it was founded in 2003 by a group of Silicon Valley entrepreneurs led by Elon Musk (of PayPal and SpaceX fame). The stated goal of the company is to drive the world’s transition to electric mobility by offering
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