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25 views5 pages

Assignment No6 Man

man

Uploaded by

onkarchougule201
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ASSIGNMENT NO.

06

♦ Overview:-
Tesla, Inc. is an American electric vehicle (EV) and clean
energy company founded in 2003. It is headquartered in Palo Alto,
California. The company’s mission is to accelerate the world's transition to
sustainable energy.

♦Founding and Early Years


 Founders: Tesla was founded by Martin Eberhard and Marc
Tarpenning. Elon Musk joined the company in 2004 as an investor and
chairman of the board after leading the initial round of investment.

♦Key Milestone:
 In 2008, Tesla launched its first production vehicle, the
Tesla Roadster, which was the first highway-legal electric vehicle to
use lithium-ion battery cells and have a range of over 200 miles per
charge.

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♦Leadership:-

Elon Musk: Currently the CEO and a prominent figure associated with
Tesla, Musk has been instrumental in the company’s vision and strategy
since becoming involved.

Board Members: Tesla's board consists of various experienced


individuals in the fields of technology, automotive, and finance.

♦Products
Tesla produces a variety of electric vehicles, energy storage solutions, and
solar products:
1. Electric Vehicles (EVs):
o Model S: A luxury all-electric sedan known for its high performance
and long range.
o Model 3: A more affordable sedan aimed at mass-market consumers.
o Model X: An SUV with distinctive falcon-wing doors, offering
spacious seating and performance.
o Model Y: A compact SUV that shares many components with the
Model 3, appealing to a broader audience.
o Cybertruck: An all-electric pickup truck with a futuristic design,
expected to be produced in the near future.
2. Energy Products:
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o Powerwall: A home battery designed to store energy from solar panels
or the grid for use during outages or high-demand times.
o Powerpack: A larger scale energy storage solution for commercial
use.
o Solar Roof: Solar tiles integrated into roof shingles to generate
electricity while serving as a roof.

♦Business Model:-
 Direct Sales Model: Tesla sells its cars directly to consumers, bypassing
traditional dealerships. This allows for more control over the customer
experience and pricing.
 Supercharger Network: Tesla has developed an extensive network of
fast-charging stations to support long-distance travel for Tesla owners.
 Software and Autonomy: Tesla invests heavily in software
development, including features such as Autopilot (advanced driver-
assistance system) and Full Self-Driving (FSD), which aims to achieve
fully autonomous driving.

♦Financial Performance:-
 Revenue Growth: Tesla has experienced rapid growth in revenue,
particularly as production capacity increases and new models are
introduced.

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♦Stock Performance: Tesla’s stock (TSLA) has been a subject of
significant interest, experiencing dramatic fluctuations in value and
making it one of the most valuable automakers by market capitalization.

♦Market Position
 Leader in EV Market: Tesla is often regarded as a leader in the electric
vehicle market, with a significant market share and brand recognition.
 Global Expansion: Tesla has expanded its manufacturing footprint
internationally, including gigafactories in Shanghai, China; Berlin,
Germany; and Austin, Texas, among others.

♦Recent Developments
 New Gigafactories: Expansion of manufacturing capabilities to meet
increasing demand.
 Software Updates: Continuous improvements to vehicle software,
adding features and performance enhancements over-the-air.
 Sustainability Initiatives: Focus on reducing carbon footprint and
promoting renewable energy sources.

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♦Challenges
 Competition: The EV market is becoming increasingly competitive,
with traditional automakers and new entrants launching their electric
vehicles.
 Supply Chain Issues: Like many manufacturers, Tesla has faced
challenges related to supply chain disruptions, particularly during the
COVID-19 pandemic.
 Regulatory Scrutiny: Tesla has faced regulatory challenges regarding
its Autopilot and Full Self-Driving technologies, as well as its
manufacturing practices.

♦Community and Culture


 Fanbase and Community: Tesla has cultivated a passionate and
dedicated fanbase. Owners often advocate for the brand and its mission.
 Innovation Culture: The company emphasizes innovation, often
pushing the boundaries of automotive and energy technology.

♦Conclusion
Tesla, Inc. is at the forefront of the electric vehicle and clean energy
revolution, continually innovating and expanding its product offerings.
With ambitious plans for future growth and a commitment to
sustainability, Tesla aims to remain a leader in the transition to a
sustainable energy future.
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