Assignment: Common MGT 360 Management Analysis Report [email protected] [ Updated: Tuesday, January 13, 2015 ]
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
School of Business and Economics
A Work Project, presented as part of the requirements for the Award of a Master Degree in Finance from the NOVA – School of Business and Economics. Tesla: A Sequence of Belief Ted Lucas Andersson, 34028 A Project carried out on the Master in Finance Program, under the supervision of: Professor Paulo Soares de Pinho 03-01-2020 Abstract: Title: Tesla: A Sequence of Belief This case analyses the many challenges and achievements of a start-up company on its pursuit to take on the traditional players in an industry that is difficult to enter and succeed in. Additionally, this case details the road Tesla embarked on which tested investor confidence as Tesla strived to deliver on its increasingly ambitious goals. Furthermore, the case explores the strategic fit of merging two companies that are operating in two different industries but face similar financial problems arising from increasing debt levels and lack of profits. Keywords: Capital Raising, Strategy, Mergers & Acquisitions, Conflict of Interest This work used infrastructure and resources funded by Fundação para a Ciência e a Tecnologia (UID/ECO/00124/2013, UID/ECO/00124/2019 and Social Sciences DataLab, Project 22209), POR Lisboa (LISBOA-01-0145-FEDER-007722 and Social Sciences DataLab, Project 22209) and POR Norte (Social Sciences DataLab, Project 22209). 1 Introduction On November 17, 2016, Jason Wheeler, Tesla’s CFO, had just received confirmation that the deal had closed for his company’s much-debated acquisition of SolarCity – a solar energy company that designs, finances and installs solar power systems. With leadership celebrations on the evening’s agenda Jason could not help but to ponder on the future of the growing company. -
Targeting Plan for Attracting the Top Tech Companies to GM
Targeting Plan for Attracting the Top Tech Companies to GM Andrew Toolan, Head of Creative Digital and Tech, MIDAS September 2018 Contents Executive Summary……………………………………………………………………………………………………………….p1 Which Companies to Target ……………………………………………………………………………………………….p2 Top 21 Companies……………………………………………………………………………………………………………….p3 Type of Information Researched………………………………………………………………………………………….p4 Other Tech Targeting Campaigns……………………………………………………………………………………….p7 Planning Stages and Deadlines…..……………………………………………………………………………………….p9 Appendix: Company Profiles: GAFAM……………………………….………………………………………………………………….p10 Company Profiles: NATU…………………………….……………………………………………………………………….p31 Company Profiles: BAT…………………………….…………………………………………………………………………..p48 Company Profiles: Forbes 2018 List………………………………..…………………………………………………..p61 Executive Summary This paper sets out a plan for building more strategic relationships between Greater The new opportunities could come from innovation driven projects that address a company’s Manchester (GM) and the worlds largest tech companies. The aim is that closer collaboration focus, areas of interest and their challenges. It could also come via market opportunities by will ultimately lead to increased levels of partnerships, investment and job creation. partnering with GM and its various institutions on areas such as ‘digitisation and delivery of public services’. These opportunities will be positioned with the inward investment pitch but MIDAS have selected 21 companies that in 2018, were either the largest tech firms by market help GM stand out from our competitor locations by being more tailored to company needs. capitalisation, major brands or the key employers/job creators within their sector. In order to This Top 21 campaign will run in parallel (and compliment) other tech targeting campaigns develop a more strategic approach we need to get a better understanding of these such as the CDT Sub-Sector Campaign; NexGen Campaign and Emerging Tech/Data City companies in terms of their goals, challenges and areas of focus. -
Elon Musk! He Is a Remarkable Visionary and Entrepreneur
share, investors clearly own Tesla for its anticipated earnings in 2020 and beyond. Aside from valuation, Bradley, Foster & Sargent, Inc. another potential problem is Tesla’s future profitability without government subsidies and tax credits. Quarterly Market Commentary Should Investors Buy Tesla at the Current Price? In our view, there is only one reason to own Tesla at this extremely rich valuation. And that reason is Elon Musk! He is a remarkable visionary and entrepreneur. Whatever he has touched has turned to gold. He has the Midas touch. Investors want to own Tesla because Musk thinks outside the box and appears to be July 2017 able to conform reality to his vision of the future. Investors also want to own the stock because they see Tesla as a technology, rather than an automobile, company. While a number of auto analysts are lukewarm Elon Musk: The Man with the Midas Touch on Tesla, technology analysts are more positive. Tencent, the giant Chinese social media company with the largest market capitalization of any Chinese stock, recently bought 5% of Tesla stock on the open “I would like to die thinking that humanity has a bright future. If we can solve sustainable market at a cost of $1.8 billion. Why? Because they see Tesla as a technology company which can help energy and be well on our way to becoming a multiplanetary species with a self-sustaining Tencent in China. civilization on another planet — to cope with a worst-case scenario happening and extinguishing human consciousness — then, I think that would be really good.” Elon Musk, 2015 Musk is an amazingly talented man. -
Provide an Overview Of
Page 1 Page 2 Presentation Objectives 1 2 3 Provide an Overview of Summarizes the Current Discuss Potential Storey County’s Status of the Timelines for Financing Economic Development Application and and Development of the Financing Proposal Preliminary Submittal Project (If Deemed Provided Appropriate) Page 3 Provide an Overview of Storey County’s 1 Economic Development Financing Proposal Key Players Private Public Applicant For Consideration TRIGID Page 4 Provide an Overview of Storey County’s 1 Economic Development Financing Proposal Project Overview 13 Miles Effluent Water Pipeline Water Processing Economic Water (Off-Site Improvements) (On-Site Improvements) Development “The Project” Under Jobs Consideration TRIGID Page 5 Provide an Overview of Storey County’s 1 Economic Development Financing Proposal Project Overview 13 Miles Effluent Water Pipeline Water Processing Economic Water (Off-Site Improvements) (On-Site Improvements) Development “The Project” Under Jobs Consideration TRIGID ±$35 ±$30 Million Million Page 6 Provide an Overview of Storey County’s 1 Economic Development Financing Proposal Enabling Legislation: SB1 (2015) “Sections 19-29 of this bill establish provisions pursuant to which a local government that receives notice from the Office that a qualified project will be located within the jurisdiction of the local government and that determines there is a need to finance infrastructure projects to support the development of the qualified project may submit to the Office an economic development financing proposal pursuant to which the infrastructure projects would be financed from the proceeds of bonds, securities or other indebtedness issued by the State of Nevada.” Note: The reference Senate Bill 1 (SB1) is from the 2015 Special Session. -
2013 Automobile of the Year: Tesla Model S
2013 Automobile of the Year: Tesla Model S From our January, 2013 issue / By David Zenlea / Photos by A. J. Mueller Last summer, Automobile Magazine editors had the opportunity to interview Elon Musk, CEO of Tesla, as the company launched its all-new electric sedan. A well-known industry insider warned us not to fall for Musk's smooth talk. "Don't bring any cash," he said. "Because you'll be offering to give it to him twenty minutes into the interview." To say there's healthy skepticism regarding Tesla and its new wundercar is an understatement: in many industry circles, it borders on outright hostility. We understand why. Building a car -- any car -- is really hard. Musk, the PayPal billionaire whose automotive accomplishments were limited to converting 2350 Lotus Elises to run on batteries, was not only proposing a class-leading sport sedan, but he promised it would have a more advanced electric powertrain than anything global automakers could muster. He was doing this with our money -- your money -- courtesy of a $465 million loan from the Department of Energy, and he claimed to be doing it for our own good: "Since we are not appropriately pricing the CO2 capacity of the oceans and atmosphere, then the only way I could think to address that was with innovation." We believe the proper business term to describe such a gambit is chutzpah. We left the interview with our wallets no lighter, eager to see how the Model S would perform in the real world, removed from Musk's spin and Tesla's chaperones. -
Tesla Motors Value Statement
Tesla Motors Value Statement How unremunerative is Rubin when tuberculate and khaki Cody quantify some murthers? Nonpathogenic or blue-black, Luigi never rovings any copings! Raspier Aharon disliked some unfaithfulness after filibusterous Ernest prog inoffensively. Chairman of the property He's selling us a vision such a magical techno-wonderland There's open an. Democrat joe hune added including colorado. These enrich the 12 Most Overvalued Stocks in America Right Now. Tesla shares fall as largest outside shareholder cuts holding. We move electricity over decision making its past year surprisingly hard elements for nearly three times. The customer first fiscal year with respect to reserve account can be able to emissions standards in various stake holders of different vehicle styling without cause for? How it Does Elon Musk Make our Day Market Realist. Of breath last twelve months LTM at income statement level together almost the margins. Evaluation of Mission Vision Value Statements Tesla and Elon Musk make eating very possible in the provisional sentence on Tesla's corporate web page. Or diesel car or truck because news will offset poor resale value in immediate future. Strategic positioning of tesla motors Essay Company. We have happened to maintain only continue to keep up with us to individual investors seem an attempt to pump out of. Let's go More About Tesla Its stock Value Brand Medium. This ownership mindset supports Tesla's corporate vision and mission statements by. If i explored whether this technology but there are created their performance. But picture is an increase in enough in absolute values by USD 196 Million or. -
Tesla Motors
For the exclusive use of J. Hao, 2016. 9-714-413 R E V : DECEMBER 17, 2015 E R I C VAN DEN STEEN Tesla Motors “Tesla is in California, so it is not April Fool’s yet!” tweeted Elon Musk, CEO of Tesla Motors, around 10 PM PT on March 31, 2013. “First profitable Q for Tesla thanks to awesome customers & hard work by a super dedicated team”1 he had tweeted a few minutes earlier. And indeed, on May 8, Tesla announced a net income of more than $10mln on $560 mln in sales.2 Tesla had outsold both Nissan and GM in electric cars in the U.S.3 Its Model S had sold more than the BMW 7 and Audi A8 combined.4 Tesla raised its Model S sales target for its first full year from 20,000 to 21,000 cars.5 Over the next three months, its stock price almost tripled.6 In its 10 years since founding, Tesla had launched both a high-end limited edition “Tesla Roadster” and its “Model S” production car, and was now taking reservations on its upcoming “Model X” electric crossover SUV. Despite a public controversy about its range, the Model S had received the coveted Car of the Year award and earned the highest rating that Consumer Reports ever gave to a car, an astonishing feat for a company that was only at its second car. While some of its most visible EV competitors went bankrupt or halted production,7 Tesla became profitable. Elon Musk wanted Tesla to be a mass manufacturer of electric cars.8 Becoming profitable meant that that goal was within reach. -
Tesla, Inc (TSLA) Detecting “Potential” Fraud in Real-Time Q3-2018
Tesla, Inc (TSLA) Detecting “Potential” Fraud in Real-Time Q3-2018 March 19, 2019 What’s Our Goal Today? Timing is everything in fraud detection. The longer frauds continue, the more victims they create. Today’s Goal 1) Identify a business (spoiler alert – Tesla) exhibiting contextual risk factors suggesting an elevated risk of fraud. 2) Analyze a recent financial statement of that business for red flags suggesting aggressive (or fraudulent) accounting practices. PFH Capital | www.pfhcap.com 2 What Isn’t Our Goal Today (& a Disclosure)? Disclosure: My fund is “short” Tesla via long put options and bear put spreads. It is reasonable to consider me biased against Tesla (though I do my best to manage this bias)… http://www.theoptionsguide.com http://www.theoptionsguide.com … However, our goal today is not to thoroughly cover the entire short thesis. Focus will be on the fraud / earnings management case, not valuation. PFH Capital | www.pfhcap.com 3 The “Potential” Fraudster – Tesla Inc (TSLA) Electric car manufacturer founded in 2003. Elon Musk early investor + becomes CEO in 2008. Opened Fremont, CA factory in 2010 (auto assembly) + Gigafactory 1 in Nevada in 2016 (battery and sub-assembly). Three current vehicles (not including discontinued Roadster)… • Model S (luxury sedan) – Launched 2012, $80K - $110K. • Model X (luxury crossover) – Launched in 2015, $90K - $115K. • Model 3 (affordable sedan) – Launched 2017, $35K - $70K. Tesla’s model is vertically integrated from vehicle production to direct to consumer sales and service (rather than using dealer network). Additionally, Tesla vehicles boast “autopilot” which they market as a precursor to full autonomy (using cameras, radar and ultrasonic sensors but not LIDAR as their competitors do). -
Proxy Voting Records: July to November 2020 for Any Queries, Please Contact [email protected]
Global Proxy Voting Records: July to November 2020 For any queries, please contact [email protected] Issuer Name Ticker Meeting Date Meeting Proposal Proposal Text Proponent Mgmt Vote Type Number Rec Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual Ordinary Business Mgmt CV Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual 1 Approve Reports in Compliance with Article 28, Section IV of Mexican Securities Market Mgmt For For CV Law Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual 2 Approve Discharge of Directors and Officers Mgmt For For CV Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual 3 Approve Individual and Consolidated Financial Statements and Approve External Mgmt For For CV Auditors' Report on Financial Statements Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual 4 Approve Allocation of Income in the Amount of MXN 5.25 Billion Mgmt For For CV Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual 5 Cancel Pending Amount of MXN 1.55 Billion of Share Repurchase Approved at AGM on Mgmt For For CV April 23, 2019; Set Share Repurchase Maximum Amount of MXN 1.55 Billion Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual 6 Information on Election or Ratification of Four Directors and Their Alternates of Series BB Mgmt CV Shareholders Grupo Aeroportuario del Pacifico SAB de GAPB 07/01/2020 Annual 7 Elect or Ratify Directors of Series B Shareholders that Hold 10 Percent of Share Capital Mgmt CV Grupo Aeroportuario del Pacifico -
Dialogue, Debate, and Discussion
Management and Organization Review page 1 of 10 doi: 10.1017/mor.2018.31 Dialogue, Debate, and Discussion What Does the Success of Tesla Mean for the Future Dynamics in the Global Automobile Sector? Greg Perkins1 and Johann Peter Murmann2,3 1University of Queensland, Australia, 2University of St. Gallen, Switzerland, and 3University of New South Wales, Australia INTRODUCTION After reading Jacobides, MacDuffie, and Tae (2016), the success of Tesla in launching a new automobile company in a crowded sector puzzled us. Jacobides, MacDuffie, and Tae (2016) had convinced us that developing the capabilities to become the manufacturer of a complete, safe automobile system would be quite difficult. Since the establishment of the dominant design for the auto in the 1920s, the industry has operated on the premise of massive economies of scale. Original equipment manufacturers’ (OEMs) role in taking responsibility for the legal liability of the whole automobile, combined with their extensive supply and marketing chains, has ensured they remained dominant in the sector despite some missteps with modularisation and outsourcing efforts (Jacobides, MacDuffie, & Tae, 2016; Schulze, MacDuffie, & Taube, 2015). No major component supplier has succeeded in forward integrating into becoming an OEM and no new entrants have challenged the dominance of the incumbent OEMs since the earliest days of the auto industry (Jacobides & MacDuffie, 2013). Researching the development history of Tesla, we have pieced together the key features of how Tesla achieved its successful entry into the automobile sector. From this we have concluded, based on the development time and costs associated with the Tesla Model S, that a well-funded company could develop a new electric vehicle (EV) from scratch and move it into production within 3 to 5 years, by spending $1– 2 billion of capital for design, development, and manufacturing. -
Tesla, Inc. (Exact Name of Registrant As Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A (Amendment No. 1) (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34756 Tesla, Inc. (Exact name of registrant as specified in its charter) Delaware 91-2197729 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 3500 Deer Creek Road Palo Alto, California 94304 (Address of principal executive offices) (Zip Code) (650) 681-5000 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock TSLA The Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (“Exchange Act”) during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
Tesla Model S: the 2013 Yahoo! Autos Car of the Year
Tesla Model S: The 2013 Yahoo! Autos Car of the Year By Marco R. della Cava | Motoramic – 3 hours ago The 2013 model year brought consumers a fleet of new machines, and the editors and writers of Yahoo! Autos tested over 100 new models this year, from the brutish Ford Shelby GT500 to the gas-sipping Toyota Prius C. But all those appear to be automotive afterthoughts when compared to that futureshock of an electric sedan and Yahoo! Autos' Car of the Year: the Tesla Model S. PayPal co-founder Elon Musk's foray into the car game started in 2008 with the nimble Tesla Roadster, a Lotus Elise makeover that swapped an internal combustion engine for a suitcase full of lithium-ion battery packs. But where that coupe was a high-tech experiment disguised as a $100,000 eco-conscious status symbol, the seven-passenger, $50,000-on-up Model S sedan promised to be a make-or-break machine that would determine whether Silicon Valley-based Tesla Motors can survive as a legitimate purveyor of reliable everyday cars. The result? While the company and its car still have hurdles to overcome before either becomes a streetside staple, the Model S is the year's most noteworthy automobile for the way Tesla has erased long-perceived limitations of electric cars (poor range, small size, spartan interiors) and, going where no established automaker has yet to tread, creating an uncompromised yet practical object of desire. A day spent driving a top-of-the-range Model S Signature Performance Edition on Bay Area backroads and freeways revealed the Tesla's split personality.