shows constant decline over a long period of time‚ I will be forced to reallocate my assets into different‚ superior performing securities. With the emergence of new technologies‚ many securities will lose value and many securities will gain value. Tesla Motors has gained as extraordinary amount of value over the last two years‚ from a gross profit in 2011 of only $61‚595 to a gross profit in 2013 of $426‚262‚ because of newer technologies and changed cultural values due to the excessive decline of
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wrong by building an eco-friendly line of electric cars at consumer-friendly prices. Tesla has cars ranging from $30‚000 to $130‚000. Also‚ the car is in fact easier to operate and use than most car brands such as Mercedes‚ BMW‚ and Audi. Elon Musk showed me through the establishment of Tesla Motors that engineering encompasses risk because ideas and inventions could be complete failures(the initial critique of Tesla). Elon Musk taught me that engineering takes innovation through his creation of SolarCity
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ossible-ideas-actually-work/. Last accessed 12/12/2013. 13. Cooke‚ A. (2011). Motivation at work. In: Cooke‚ A Organisation Environment. London: Pearson Custom Publishing. p190. 2. Angelova‚ K. (2013). Elon Musk Had Amazing Severance Packages For Tesla Employees In Case The Company Failed 3 4. CEO.com. (2013). 3 Reasons Why Elon Musk’s Impossible Ideas Actually Work. 5. Cooke‚ A. (2011). Organisation Environment. London: Pearson Custom Publishing. 6. Mind Tools. (2013). Hofstede ’s Cultural Dimensions
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Introduction Tesla‚ an electric vehicle company founded in California in 2003‚ has been attracting a lot of attention worldwide. Tesla focuses not only on producing luxury electric vehicles—it prides itself on being a high-tech brand known for its innovation and creativity. In and attempt to penetrate the Chinese market‚ Tesla unveiled its model S in 2013. Tesla initially expected Chinese consumers’ interest would be high and ambitious sales forecasts. However‚ Tesla’s entry into China has been
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How Tesla Motors can manage the extreme competition from large and premium manufactures Daniil Chaika (119102547) Workshop Tutor: John Davison SIM336 - Strategic Management Contents 1.0 Introduction ……………………………………………………………………………….3 2.0 Company Background………………………………………………………………….….3 3.0 PESTEL Analysis……………………………………………………………...…………..3 3.1. Political……………………………………………………………………………..3-4 3.2. Economic……………………………………………………………………………...4 3.3. Social………………………………………………………………………………….4 3.4. Technological…………………………………………………………………………4
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Guideline Introduction Presentation of Tesla Motors Marketing strategy Marketing Mix New advertising campaign Conclusion 2 幻灯片3 Introduction 3 幻灯片4 I. Presentation of Tesla Motors 4 幻灯片5 Background American company that was founded in 2003 Tesla headquarters is located in Palo Alto‚ California‚ and it has wholly-owned subsidiaries in North America‚ Europe and Asia Tesla has more than 2000 employees and 31 stores all around the world Tesla aims to offer high-performance and
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Tesla Motors Introduction Tesla Motors‚ Inc is a Palo Alto‚ CA based company that designs‚ manufactures‚ and sells electric luxury cars and electric vehicle powertrain components. These cars are primarily sold in the United States‚ however they are becoming increasingly popular in the United Kingdom‚ Ireland‚ Japan‚ Hong Kong and Singapore. Currently‚ Tesla has two models available for purchase‚ the Roadster and Model S. A third model‚ Model X‚ will be available at beginning of 2014. Model S car
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Nikola Tesla I do not think there is any thrill that can go through the human heart like that felt by the inventor as he sees some creation of the brain unfolding to success... such emotions make a man forget food‚ sleep‚ friends‚ love‚ everything. Nikola Tesla Few people know his name today‚ and even those who do the words Nikola Tesla are likely to come up with the image of a crackpot rather than an authentic scientist. Nikola Tesla was possibly the greatest inventor the world
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and discovering a desirable strategic innovation that improve the industry and company profitability (Wit and Meyer‚2005) The threats to new entrants: The threat from new entrants is very high. Entering the electric automotive industry in 2003‚ Tesla itself faced the challenges of being the new entrant into the market having numerous financial troubles that required high capital investments‚ building the brand and distributions channels. However‚ for established manufacturers with considerable
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As part of our audit process‚ we will request from Tesla Motors‚ written confirmation concerning representations made to us in connection with the audit. We will issue a written report upon completion of our audit of Tesla Motor’s financial statements. Our report will be addressed to the board of directors of Tesla Motor’s. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or withdraw from the engagement
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