Tesla-Inc_final-1-1VD.pptx - TESLA INC. Group no. - 4 About...

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TESLA INC.Group no. - 4
About TeslaTesla, Inc. (formerly Tesla Motors, Inc.) is an American electric vehicle and clean energy company based in Palo Alto, California.Tesla's current products include electric cars, battery energy storage from home to grid scale, solar products and related products and services.It was Founded on 1st July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors, the company’s name is a tribute to inventor and electrical engineer Nikola Tesla.Tesla operates through two main business segments: Automotive and Energy Generation and Storage.Tesla revenue for the twelve months ending September 30, 2020 was $28.176B, a 15.38% increase year-over-year.The United States is Tesla's largest sales markets. Tesla’s unique positioning in the car market is one of its biggest strengths.
Mission & VisionTesla Inc.
Mission:“to accerlate the world´s transition to sustainable energy.“ Key features of the statement:Challenging and forcing the automobile industry to enter the competition in the sector of electric mobilityProducing outstanding sustainable vehicles, which show drivers that they don´t have to compromise when changing from fossil fuel to renewable electric sources.Electric driven vehicles should contribute to zero-emission future
Vision:“to create the most compelling car company of 21st century by driving the world‘s transition to electric vehicles.“Tesla want´s to ensure in its vision statement, that all kind of transportation becomes an emission - neutral process. Key features of the vision statement:The vision emphasize the company’s focus on renewable energyAim to integrate high or advanced technology in its automobile and other products of the company and to concerns about current environmental conservations. Company’s vision is to expand the product globally, such as its operations, new factories in developing regions in the world. Expansion could address major competitors.Displacement of combustion engines by modern, sustainable electric engines
PESTEL AnalysisTesla Inc.
Political AnalysisPolitical surroundings are very promising:Increasing customer demand: Technology advancment of electric vehicles and increaseing environmental awarenessmake of customersNational and regional advancement programs for electric vehicles:United States: Customer support up to 7500 US dollars ( 200.000 cap)European Union:local, regional and national incentives for developing the charging network, tax reduces and financial support for example for battery research.
Economic AnalysisTesla has been benefited from the government tax incentives which is provided to specially to electric car manufacturers:Alternative Energy and Advanced Transportation Financing Authority Tax IncentivesNevada Tax IncentivesZEV credits in California
Social Analysis 1- The population's demographics and level of ability.

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Term
Spring
Professor
VAIBHAV
Tags
Tesla Motors, Tesla Roadster, Electric car, Electric vehicle

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