Andrew Martin COMM 336 Informative Paper 4/4/2013 Tesla Motors Tesla Motors is a car company that designs‚ manufactures and sells electric vehicles. This public company was founded in 2003 by Ian Wright‚ JB Straubel‚ Marc Tarpenning‚ Martin Eberhard and most notably Elon Musk. Its headquarters is located in Palo Alto‚ California‚ with its main production plant in Fremont‚ California. The company was named after Nikola Tesla‚ a renowned electrical engineer and physicist. Its goal is to
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Course: Commerce 101 Section: 7 Student Number: 12679149 Assignment title: SWOT Analysis Strengths Opportunities First in the market – Tesla Motors have the opportunity to strengthen their position as the ‘pioneer’ of electric cars as they are one of the first firms to cater for the premium electrified vehicles market. Foothold in China – Tesla and China Unicom has teamed up to build over 400 charging stations in 120 cities. China Unicom’s interest depicted through the corporation’s willingness
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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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April 9‚ 2013 E Block The Madness Of Nikola Tesla ! In “Tesla Man Out Of Time” by Margaret Cheney‚ Nikola Tesla was personified as an erratic and eccentric innovator . Along with crazy electric experiments and bizarre OCD fits‚ Tesla did invent marvelous inventions. These include the radio‚ Tesla Coil‚ alternating current (AC)‚ X-rays‚ and arguably a death ray. The radio was not invented by Tesla‚ rather it was revolutionized by Tesla. In the late 19th century radios were almost like telegraphs
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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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that Tesla Motors faces is the society and subcultures. In this day in age consumers worldwide have increased their knowledge and sensitivity about its environment. Numerous companies have catered to this need of becoming more environmentally responsible by offering products that are “green” or environmentally friendly. This new growth amongst people and organizations alike of becoming more environmentally conscious has created an opportunity for Tesla Motors with its brand of product. Tesla Motors
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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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SWOT Analysis: TESLA MOTORS By Xin Xiong August 10th 2014 Company Overview Founded in 2003 and based in Palo Alto‚ Tesla Motors is one of the leading high-tech automobile companies‚ which produce the fully electrical vehicles and powertrain elements. The company runs operations in 31 countries and hires over 6‚000 staff around the world. Tesla Motors has an increasingly high growth rate‚ recording its revenues of 2‚013‚496 in 2013 (See Figure 1). Sales of its current model‚ Tesla Model S‚ reach
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Tesla Motors‚ Inc. Tesla Motors‚ Inc. (Tesla)‚ incorporated on July 1‚ 2003‚ designs‚ develops‚ manufactures and sells electric vehicles and advanced electric vehicle powertrain components. The company was founded by a group of Silicon Valley Engineers who saw an opportunity to mass-produce electric vehicles as substitutes for the ordinary gasoline powered vehicles. Tesla‚ which issued its IPO in 2010‚ became the second listed American motor company after Ford‚ which went public in 1956.Tesla owns
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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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