In: Economics
Write the following information about Automative industry Tesla:
History of the organization/company
Organizational Philosophy
Describes of facilities, programs, products and services available
Facilities and programs
Products and services
Tesla motor manufactures and sells not only electric cars but also electric vehicle powertrain components, such as Lithium-ion battery packs. The Tesla Roadster is the first highway- capable and all-electric sports vehicle produced by Tesla in 2008. "This high performance BEV, with a range of up to 250 miles, uses a proprietary lithium - ion polymer battery pack that stores as much as twice the energy" ( Mangram, 2012). Furthermore, it is " capable of acceleration from zero to 60 mph in less than four seconds,with a self limited top spped of 125mph" ( mangram 2012). Tesla's model S sedan targets mid level customers, with a lower price around $57,000 compared to the Roadster. " Tesla's longer term product objectives include the development of a $30,000 sedan by 2015 ( codename 'Blue star", as well as a crossover/SUV -type vehicle (code name'model X'." Tesla is expected to deliver Model X by the end of 2014.
Strategic objectives/goals
Develop a high end, high performance sports car to prove that electric vehicles are both stylish and efficient. Use the sports car to develop core intellectual property and patents
Introduce a premium sedan that competes with brands like BMW, mercedes and Audi
produce hundreds of thousands of low cost premium electric vehicles for mass adoption