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Tesla Motors
AUGUST 2014 TESLA MOTORS: INTELLECTUAL PROPERTY, OPEN INNOVATION, AND THE CARBON CRISIS DR MATTHEW RIMMER AUSTRALIAN RESEARCH COUNCIL FUTURE FELLOW ASSOCIATE PROFESSOR THE AUSTRALIAN NATIONAL UNIVERSITY COLLEGE OF LAW The Australian National University College of Law, Canberra, ACT, 0200 Work Telephone Number: (02) 61254164 E-Mail Address: [email protected] 1 Introduction Tesla Motors is an innovative United States manufacturer of electric vehicles. In its annual report for 2012, the company summarizes its business operations: We design, develop, manufacture and sell high-performance fully electric vehicles and advanced electric vehicle powertrain components. We own our sales and service network and have operationally structured our business in a manner that we believe will enable us to rapidly develop and launch advanced electric vehicles and technologies. We believe our vehicles, electric vehicle engineering expertise, and operational structure differentiates us from incumbent automobile manufacturers. We are the first company to commercially produce a federally-compliant electric vehicle, the Tesla Roadster, which achieves a market-leading range on a single charge combined with attractive design, driving performance and zero tailpipe emissions. As of December 31, 2012, we had delivered approximately 2,450 Tesla Roadsters to customers in over 30 countries. While we have concluded the production run of the Tesla Roadster, its proprietary electric vehicle powertrain system is the foundation of our business. We modified this system -
Problems Faced by Automobile Industries: Case Study on Tesla
Problems Faced by Automobile Industries: Case Study on Tesla Shelly Bhardwaj1, Rudresh Pandey2, Shobha Sharma3, Shivani Sejal4, Ganesh Iyer5, Shivam Sharma6, Ranjith P.V7, Swati Kulkarni8 ABES Engineering College1,2,3,6 Campus -1, 19th KM Stone, NH 24, Ghaziabad, Uttar Pradesh 201009, India CMS Business School4,7 No.17, Seshadri Rd, Gandhi Nagar, Bengaluru, Karnataka 560009, India SIES College of Management Studies5,8 Sri Chandrasekarendra Saraswati Vidyapuram, Plot 1-E, Sector 5, Nerul, Navi Mumbai, Maharashtra 400706, India Correspondence Email: [email protected] ABSTRACT The study is being done on the problems faced by Automobile Industries while launching Electric Cars. The problems are common for all the automobile industries which had launched the EV, are launching or will launch them. But here the research is done specifically in respect to Tesla. Tesla Motors Inc. is an American automotive and energy company that was founded in 2003 is based in Palo Alto, California. The company specializes in electric car manufacturing, SolarCity subsidiary and solar panel manufacturing. The company is well known for its exclusive models like Model S, Model 3, Model X and the newest one Model Y. Tesla Motors released its first electric car in 2008 that was called The Roadster. Roadster achieved 245 miles (394 km) on a single charge. Since 2008, Tesla sold approximately 2,450 Roadster in over 30 countries through December 2012. Tesla faced many problems while launching the very first EV not only with the model but with its marketing too. So, this Project Report is being prepared by researching the problems faced by the Tesla regarding its first EV and its marketing. -
Tesla: Supercharging the Future by Akash G. Nandi an Honors Thesis
Tesla: Supercharging the Future by Akash G. Nandi An honors thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Science Undergraduate College Leonard N. Stern School of Business New York University May 2013 Professor Marti G. Subrahmanyam Professor Joseph Foudy Faculty Adviser Thesis Adviser 1 I. Introduction...................................................................................................................Page 4 A. The Inefficiency of Cars Today B. Thesis Objective C. Thesis II. Research and Resources...............................................................................................Page 7 A. Research Framework B. Research Perspectives C. Resources and Data III. Tesla in Context.............................................................................................................Page 9 A. The Global Auto Industry B. Tesla: The Innovative Disrupter C. Sparking the Electric Revolution IV. The Man Behind the Machine...................................................................................Page 12 A. Elon Musk B. Entrepreneur from the Start C. Space X V. Tesla Motors Overview...............................................................................................Page 15 A. Company Offerings B. Phase I. Roadster C. Phase II. Models S and X 2 D. Phase III. Project BlueStar VI. How It Works: The Model S......................................................................................Page 18 A. The Design B. The Mechanics VII. How Did They Do It?..................................................................................................Page -
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. -
A Strategic Audit of Tesla, Inc. Cody Mccain University of Nebraska - Lincoln
University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Honors Theses, University of Nebraska-Lincoln Honors Program Spring 4-30-2019 A Strategic Audit of Tesla, Inc. Cody McCain University of Nebraska - Lincoln Follow this and additional works at: https://digitalcommons.unl.edu/honorstheses Part of the Accounting Commons, and the Agribusiness Commons McCain, Cody, "A Strategic Audit of Tesla, Inc." (2019). Honors Theses, University of Nebraska-Lincoln. 132. https://digitalcommons.unl.edu/honorstheses/132 This Thesis is brought to you for free and open access by the Honors Program at DigitalCommons@University of Nebraska - Lincoln. It has been accepted for inclusion in Honors Theses, University of Nebraska-Lincoln by an authorized administrator of DigitalCommons@University of Nebraska - Lincoln. A Strategic Audit of Tesla, Inc. An Undergraduate Honors Thesis Submitted in Partial Fulfillment of University Honors Program Requirements University of Nebraska – Lincoln by Cody McCain, BS Accounting and Agribusiness College of Business April 29, 2019 Faculty Mentors: Samuel Nelson, PhD, Center of Entrepreneurship 1 Abstract After Tesla completed its first every back to back profitable quarters at the end of 2018, sales started to decline in the first quarter of 2019 and many question if the company would every be profitable. Through a strategic audit of Tesla and the electric vehicle industry several key factors have been identified to help improve Tesla’s profitability. Analysis tools used to analyze the company and the industry include Porter’s Five Forces, SWOT Analysis, and PEST Analysis. At the conclusion of the audit there are three recommendations given to help improve Tesla’s strategy. -
Reality Check Tesla, Inc
Reality Check Tesla, Inc. NASDAQ: TSLA January 7, 2020 Author Aaron Greenspan Disclosures PlainSite affiliates own TSLA put options. Legal Notices Copyright © 2019-2020 Think Computer Corporation. All Rights Reserved. PlainSite is a registered trademark of Think Computer Corporation. This report is not legal or investment advice. Trade at your own risk. About PlainSite® PlainSite is a legal research initiative jointly run by Think Computer Corporation, a for-profit computer software company, and Think Computer Foundation, a 501(c)(3) non-profit organization. The PlainSite website at https://www.plainsite.org hosts information regarding over twelve million court dockets, as well as millions of documents and government records from federal and state entities. Think Computer Foundation, which also sponsors activities for individuals with disabilities in the Cleveland area, is funded in part by donations from Think Computer Corporation. Visit the Tesla, Inc. PlainSite profile at https://www.plainsite.org/profiles/tesla-inc/. Read our other Reality Check reports at http://www.plainsite.org/realitycheck/. Contact For PlainSite Pro Investor paid early access to future reports, questions, or comments, contact us by e-mail at [email protected]. Executive Summary Tesla, Inc. (NASDAQ: TSLA), a manufacturer of electric vehicles and solar panels, is widely regarded as an American clean energy success story. Its market capitalization has exceeded $80 billion at its peak, and it operates factories in California, Nevada, New York and China. Yet recently released docu- TSLA Price Per Share ments obtained by PlainSite affiliate Think Com- $450.00 puter Foundation reveal that the entire company $400.00 is at this point built on a massive, multi-billion dollar $350.00 fraud orchestrated by its CEO, Elon Musk, who for $300.00 years has gone to extreme lengths to conceal his $250.00 unlawful acts from shareholders. -
Tesla, Inc.: the Automotive Business Analysis Senior Honors Thesis
Tesla, Inc.: The Automotive Business Analysis Senior Honors Thesis Presented to Undergraduate Program in Business Ben Gomes-Casseres, Primary Advisor and Michael McKay, Second Reader Awarded Honors By Nikita Ivanchenko December 2017 Copyright by Nikita Ivanchenko Table of Contents Executive Summary .............................................................................................................3 Background, History and Business Description ..................................................................6 Introduction ........................................................................................................................11 Part I: Financial Analysis ........................................................................... 13 1. Income Statement .......................................................................................................13 Automotive revenue ........................................................................................................14 Cost of automotive revenues ..........................................................................................17 Operating expenses ........................................................................................................24 Stock-based compensation and interest expenses ..........................................................29 2. Cash Flow Statement ..................................................................................................32 Part II: Key Value Drivers ......................................................................... -
Is It Worth to Invest in Tesla? Qinrou Li1, A
Advances in Social Science, Education and Humanities Research, volume 351 4th International Conference on Modern Management, Education Technology and Social Science (MMETSS 2019) Is it worth to invest in Tesla? Qinrou Li1, a 1Monash University, Clayton Campus, Wellington Rd, Clayton VIC 3800, Australia [email protected] Keywords: Tesla, Current financial performance, Free cash flow, Discounted cash flow, DCF assumptions. Abstract. There are many well-known brands in today’s automotive industry, such as BMW and Mercedes-Benz. On the contrary, there are abundant unpopular brands as well. Among numerous car brands in the global market, Tesla attracted almost everyone’s attention in an extremely short period of time, notwithstanding the fact that it is a newly established company. This paper analyzes the financial status of Tesla and makes predictions about its future performance based on historical data to decide whether investing in Tesla is a reasonable idea. 1. Introduction This paper uses Tesla as an example to conduct a thorough analysis because it is a representative sample and top runner in the electric vehicle industry. Although many car companies have entered the green car market such as Toyota and Ford, Tesla is the only company who devotes all its effort to the environmentally-friendly car market. It is known to all that fossil fuels are non-renewable, and they will become exhausted in the foreseeable future. Nowadays, people tend to put more attention on environmental issue and choose to buy products with a “green” label. Thus, the future of the automobile industry is relying on consuming renewable energy, such as solar energy. -
Heart-Based Hiring: How Tesla Is Plugging Into the Power of Personality
CASE STUDY Heart-Based Hiring: How Tesla is Plugging Into the Power of Personality Over the last 13 years Tesla has gone from losing both founders and running low on cash to becoming the fastest growing brand, as well as leading electric vehicle brand worldwide, One of the worst hiring valued today at over $655 billion.1 How did Elon Musk, who mistakes that I've made in the took over as CEO in 2008, save this failing business? He built a team based not only on performance, but on personality. past is looking too much at (a candidate’s) intellectual 2 capability alone and not on THE CHALLENGE Tesla Motors was founded in 2003 with the intent of doing what no company had how they affect those around done before; commercialize the production and sale of electric vehicles. them... I think it matters Recognizing the potential of that vision, Elon Musk invested $30 million in the company and became the chairman of its Board of Directors. Musk chaired Tesla whether someone has a good through the launch of their first vehicle, the Roadster, in 2006. However, just a few heart. months later both of Tesla’s founders, who served as CEO and CFO, permanently resigned from the company. Musk took over as CEO and immediately fired 25% of – Elon Musk, CEO of Tesla the company’s staff. Not only did this leave Tesla operating with a significantly reduced team, the company was also facing serious financial problems. In 2009, despite launching the Roadster, Tesla had less than $10 million in cash on hand, potentially less than it needed to deliver the cars it had already sold. -
Quiet Thunder
TRANSPORT Tesla Motors chairman Elon Musk, who has put more than $27 million of his own money into the company, with a prototype of the Tesla Roadster. Photograph by Jonas Karlsson. For a slideshow of other green cars, follow this link. Quiet Thunder Who in his right mind would finance an auto company start-up? Elon Musk, the billionaire founder of PayPal, the guy with a NASA contract for the next space shuttle, also expects to put a sold-out (to the likes of George Clooney, Larry Page, and Sergey Brin) fleet of electric sports cars on the road this summer. Kicking the tires of the $92,000 Tesla, which goes from 0 to 60 in four seconds, the author learns the Silicon Valley saga of big dreams, technical snags, and Aha! moments that could spell the end of the internal- combustion engine. BY MICHAEL SHNAYERSON MAY 2007 ‘These are Elise seats," the young engineer from Tesla Motors says apologetically from behind the wheel as our doors click shut. We're snugged into what looks a lot like a Lotus Elise, the slinky, lightweight, low-to-the-ground roadster first issued a decade ago by the high-end English sports- car maker and named after its chairman's granddaughter Elise. The hard-shell seats are brutal, but they'll be replaced. "Ours are wider in the hip area and have more padding," adds Philip Luk, who spends most of his time as a garage monkey under the first, handmade Tesla Roadsters, "so they don't feel so much like race seats." The red Roadster—the name of the Elise's distant cousin—backs silently out of a company garage onto the streets of San Carlos, California, a once sleepy town south of San Francisco, now part of Silicon Valley. -
School of Business and Economics
A Work Project, presented as part of the requirements for the Award of a Master Degree in Management from the NOVA – School of Business and Economics. TESLA AND THE ELECTRIC VEHICLE MARKET IN 2018 MARTA BRÁS DA CUNHA FERREIRA 30421 A Project carried out on the Master in Management Program, under the supervision of: Professor Luís Almeida Costa January 2019 TESLA AND THE ELECTRIC VEHICLE MARKET IN 2018 Abstract This Work Project presents a case study to be used in masters and executive education Strategy courses to better illustrate the dynamics of competition in markets with demand-side increasing returns. Through the real case of Tesla, this project intends to evaluate the strategic decisions pursued by the firm in the nascent electric vehicle market to overcome the hurdle of critical mass and provide a platform on which e-mobility can realize its full potential. In the analysis that follows, we conclude that Tesla created a model that exceeds the conventional auto business to allow its vehicles to move along the technology adoption curve. Keywords: Tesla, Electric Vehicles, Demand-side Increasing Returns, Strategy Acknowledgement I would like to express my deepest gratitude to my advisor, Professor Luís Almeida Costa, for his orientation and encouragement throughout the development of this work project. His guidelines and strategic view were absolutely essential for the conclusion of such task. I would also like to thank my parents for their unconditional love and support in all my pursuits. You are my foundation. Lastly, special words of gratefulness pertain to my sister whose patience, optimism and help inspired me through the most stressing times. -
A Historical Analysis of the American Auto Industry and Tesla Inc
University of Vermont ScholarWorks @ UVM UVM Honors College Senior Theses Undergraduate Theses 2018 Charging down the Road: A Historical Analysis of the American Auto Industry and Tesla Inc. Bryce Dzialo UVM Follow this and additional works at: https://scholarworks.uvm.edu/hcoltheses Recommended Citation Dzialo, Bryce, "Charging down the Road: A Historical Analysis of the American Auto Industry and Tesla Inc." (2018). UVM Honors College Senior Theses. 228. https://scholarworks.uvm.edu/hcoltheses/228 This Honors College Thesis is brought to you for free and open access by the Undergraduate Theses at ScholarWorks @ UVM. It has been accepted for inclusion in UVM Honors College Senior Theses by an authorized administrator of ScholarWorks @ UVM. For more information, please contact [email protected]. Charging down the Road A Historical Analysis of the American Auto Industry and Tesla Inc. A thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Science Environmental Program & Honors College University of Vermont 2018 Bryce Dzialo Advisors: Curtis Ventriss, Professor and University Scholar, Natural Resources Brendan Fisher, Interim Associate Director, Environmental Program Robert Williams, Lecturer, Community Development and Applied Economics 2 Abstract th Electric vehicles have experienced waves of popularity since the early 20 century. This thesis examines the role of electric vehicles and automobility in the past, present and the future of personal transportation. Additionally, it brings together the history of the American automobile industry and the complex contemporary narrative of Tesla Inc, the young and ambitious auto manufacturer that exclusively builds electric vehicles. This analysis ends with a discussion on the author’s understanding of how a company like Tesla was able to come to fruition, how a similar path could be taken by a new or existing automaker, and what these narratives mean for the current age and future of personal transportation in today’s environmentally conscious climate.