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Taking A Look At Tesla Inc.

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Tesla Inc NASDAQ: (TSLA) is an American Corporation that encounters elastic demands in the evergrowing automobile industry of the world. In America along, Ford Motors Company, General Motors Company, and Chrysler are the top three competitors amongst the nation. Tesla incorporated is responsible for engineering electric cars that proved to be more proficient than it's gasoline powered counterpart. Containing great performance and zero emissions, one objective goal of Telsa was to create a vehicle within generations to come in efforts to maufacter an affordable vehicle. helping the company work towards its mission: to accelerate the world’s transition to sustainable energy ("Tesla's Mission," 2017). With this in mind, it would be very beneficial to effectively mass produce luxury vehicles with great quality at a lower rate to compete with domestic and foreign competitors. If Tesla as a whole can manufacter affordable cars for the general public, not only will consumers own vehicles that will last longer due to performance capabilities, consumers will have vehicles that are ecosystem friendly and cost efficient in the future (Muoio, 2016). Tesla as a company based out of Palo Alto, California will generate more …show more content…

GMC invested an estimated 1 billion dollars in U.S plants creating 7,000 jobs which potentially creates financial in which consumers can become employers and shareholders simutaneously. "As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners," said GM CEO Mary Barra. The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value (Isidore,

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company has had a positive impact on the thriving of the southern Ontario economy since its founding. In fact, General Motors Canada has consistently been one of the largest companies in Canada, reaching a peak of being the third largest in 1975 during the peak of General Motors in the global automotive industry. The presence of a large automotive company within an economy can have various direct and indirect economic impacts on an economy. The direct impacts from the significant amount of jobs produced for individuals throughout the company which primarily consist of assembly plants stationed in strategic locations (Dziczek, 2015). General Motors is known for its substantial contribution to employment within an economy.

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Have you ever felt like you don’t belong wherever you go? Have you ever felt like nothing is going your way? Lynda Mullaly Hunt, the author of One for the Murphys, intriguingly describes the life of a teenage foster child with many problems dealing with her foster family, her real family, and her friends. One for the Murphys is a story about a twelve-year-old foster child, living with a lovely foster family. After her mom went to the hospital for being abused by her step-dad, Carley’s life changed, from being a Las Vegas girl to becoming a Connecticut girl with a family she never knew existed.

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In the short story of “Young Goodman Brown” by Nathaniel Hawthorne, I noticed the Hawthorne established the idea of serpent in pages 1 through 4. In page 2 it says, “sayest thou so? Replied he of the serpent, smiling apart.” Perhaps Hawthorne established the idea of “serpent” because these individuals are sneaky. In addition, when you aren’t expecting they will turn their back against you.

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Moreover, Musk says the "overarching purpose" of Tesla Motors is "to facilitate expedite the move from a mine-and-burn organic compound economy toward a star electrical economy, that he feel to be the first, however not exclusive. That's beyond any doubt a noble and socially

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The Ford Company has also established financial services to expand and cater to the needs of their customers to purchase a vehicle, providing direct loans from the company. Currently, the external environment is conducive for Ford Motor Company, expecting for a demand for its products in the coming three years. The tax, fiscal, and economy policies in the present automobile market are favorable for the Ford Motor Company at the national and international levels. General Motors Corporation (GM) headquarters are in Detroit, Michigan. This company has employees approximately 250,000 employees, and it had approximately 20 percent market share in the automobile industry.

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The firm is a multinational enterprise, with offices in 10 different countries and car stores in some 25 countries. Its main product line is the Tesla electric cars, currently consisting of three models: the Tesla Model S, Model X and Model 3. The Model 3 was launched in 2017 and is aimed at the lower spectrum of the EV market, whereas the model S and X are high-end cars serving the ‘premium’ segment. 
In this essay, I will examine Tesla’s

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Electric vehicles face two main technological challenges, high costs and suboptimal batteries, this is where Tesla has taken the lead on its competitors, their batteries are cheaper, charge faster and have a better range than those of the competition (200+ miles, up to a maximum of 300 miles), the infrastructure for charging these vehicles is also rapidly developing. (technologyreview.com, How Tesla Is Driving Electric Car Innovation) The major innovation that is coming is fully autonomous vehicles, Tesla, Inc. has stated that all their vehicles are fully equipped with the software required and that total autonomy will start to

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The vision of Tesla is ‘to create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles’. Based on the mission and vision, the company’s strategy was determined. Tesla’s strategy is to enter at the high end of the market, where customers are prepared to pay a premium, and then drive down market as fast as possible to higher unit volume and lower prices with each successive model. (Musk,

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Analysis: Tesla has proven to make an extensive impact in the market. Keeping the company’s position in the high-end industry, Tesla is able to represent just like companies like Apple a high-end product that appeals only to a certain customer base. Tesla is constantly innovating their product in a way that the newest technologies will be incorporated in the production process of the car and the products the companies develop itself too. Tesla is the first major company to have inherited an electric car only automobile production company, which is nearly impossible considering the weak demand for electric cars today. Most car manufacturers today only devote a small part of their product line to electric cars, meaning that they do not want to take the risks of completely changing to electric only cars as fears of reducing the demand for their products is real and because there is still more demand for conventional petrol driven cars.

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It is the only automaker exclusively that manufacturers electric cars on a significant scale. However, General Motors is highly concentrating on launching battery powered Chevrolet Bolt in the market and Ford Motors have planned to invest $4.5 billion by 2020 in electric vehicles (Team, 2016). The mentioned competitors have moved to investing more in electric cars in order to focus on zero emission and clean vehicles but still they are behind Tesla Motors which provide an advantage to further increase the market share in

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The history already observed such a situation, when BMW built the production facilities in Spartanburg, South Carolina. In 1990’s the new BMW factory in North America turned the struggling region into the new center of the automotive production and

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The purpose of this was to reduce the number of greenhouse gasses produced by gasoline powered cars. Tesla cars are built out of aluminium, which is more expensive, but can be completely recycled. Its batteries are non-toxic and almost 100% recyclable as well. Furthermore, Tesla cuts noise pollution. The CEO of Tesla realizes that the company cannot meet the total demand for

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Market Tesla’s long-term strategic goal is to create affordable mass market electric vehicles (EV). In order to achieve that goal it will increase the number and variety of EVs available to mainstream consumers by Selling it’s own vehicles in a growing number of company-owned showrooms and online. Selling patented electric powertrain components to other manufacturers and serving as a catalyst and positive example to other automakers. Competitive advantage is the low cost of Tesla’s battery pack, which allow to sell the Model S at a reasonable price but with near-normal (up to) 300 mile range, a combination other EVs have yet to deliver.

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The majority of these were Cars and a sizable minority in cases like General Motors (2.89 million or nearly a third of their vehicles) and Ford (2.67 million nearly half of their vehicles) were Light Commercial Vehicles (SUVs, pickup trucks, etc.). The luxury of being in the U.S. allows these two to tap in to the U.S. citizen’s taste for the LCV and exploit it to their advantage. The rest of the competition quickly slide in to the category of 2 million or more vehicles manufactured per year (Honda, Renault, Suzuki, BMW, Nissan, etc.). Here Fiat Chrysler Automobiles again demonstrates the manufacturers targeting the U.S. market for LCVs derive nearly half of their units produced from them (2.35 million units manufactured). Likewise, Toyota, Hyundai, Honda, Nissan and Suzuki all make the majority of their sales out of cars, not LCVs as their main markets are in Asia where the majority of customers do not care for SUVs or pick-up

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The automotive industry is facing changes due to ecological impacts on the environment. Many automotive manufacturers such as BMW and Audi are now entering into the electric car industry where Tesla has established itself in. In this environment, there is a need for rapid innovation a firm 's capability to produce new technological products become crucial to survival in this industry. For this reason, human relations management will be beneficial to an organization as it allows creativity in employees who will be able to respond to changes in the environment efficiently and quickly which gives a company flexibility. " CEO Elon Musk created a master plan to compete with other automotive manufactures which were to Build sports car, use that money to develop an affordable car, use that capital to create more affordable vehicles, produce zero-emission electric vehicle power generation options (Tesla).

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