Tesla Case Study
Tesla Company
Today we understand the business model of Tesla Motors. A company that has revolutionized the Automobile industry. Which is the world's leading electric vehicle manufacturing company and is also working on solar energy products. At present, Tesla has reached a market capitalization of 407.55 billion.
Elon Musk is the CEO of Tesla Company who is a very famous businessman, with a net worth of 30.2 Billion. Tesla is working on Future Technology. So let us understand Tesla's case study, which is making a great difference in the world.
What does Tesla company do?
Tesla company is an Electric Car Manufacturing Company in America. This is a very famous company. This American company manufactures electric cars and solar energy instruments. Tesla has manufactured many car models. These include Model Y, Rodastar (2020), Model S and Model X.
Tesla Company is making a big change in the field of technology. Elon Musk, the founder of the company, is also known for his big change. Elon Musk is the founder of a company such as Solar City and Space-X.
Tesla is not a profitable company. The company has made some profit in some quarters but has not made any profit in a year. The loss of the company is due to the fact that it is working on Technology which is not available in the market till date. But in the future, Tesla could become a profitable company. Because there is no fuel in the future due to running out of fuel, only electric car will be sold in the future and Tesla Motors will become profitable company in future by selling electric car.
When did the Tesla company start?
Tesla Company was started in 2003 by two engineers, Martin Eberhard and Marc Tarpenning. The Tesla Company is named after the great scientist Nikola Tesla.
The main vision of Tesla company is to manufacture electric car. The company launched its first car in 2008. The company's Series Funding has been invested in by major industrialists, including Segey Brin, Larry Page (Google's Founder), and Jeff Skol (X-President of EBAY). In 2015, Tesla increased its Manufacturing Capacity for the Model X to provide 5 Star Rating Security. The company has been working tirelessly to manufacture high quality and nature friendly cars at low cost.
What is Tesla's Business Model?
Tesla Company manufactures electric vehicles. So Tesla has manufactured Model S, Model X, Model 3, Semi Truck, and Tesla Rodastar like Car. All these Electric Vehicles are available for purchase in Bazar. The company manufactures electric cars with Electric Motors, Battery Packs and Battery Chargers developed by Tesla.
How does Tesla work?
Tesla Company is known for its Electric Vehicle in the market. The company's revenue model focuses on three things. Focuses on Electric Vehicle Selling, Vehicle Servicing and Charging.
Tesla also sells its products directly. The company sells its vehicle in the market with the help of a distributor.
Details of Tesla
Categories: Electronics,Automobile, Autonomous Vehicles,
Headquarter: San Francisco Bay Area, Silicon Valley, West Coast
Founders: JB Straubel,Elon Musk,
Number of Employees: 10001+
How does Tesla Fund work?
We already know Tesla's business model. Tesla works on the latest technology in the automobile industry. The automobile industry is an investment-oriented industry.
Elon Musk, (CEO of Tesla) is also privides fund.
On the first day of being nominated on the Stock Exchange, Tesla's share closed at $23.89. Now Tesla's share is trading at $510 per share.
Source Of Funding And Investors.
- China Construction Bank.
- Industrial & Commercial Bank of China.
- Bank of America.
- China Merchants Bank.
- Shanghai Pudong Development Bank.
- Ten cent Holdings.
- Citigroup.
- Goldman Sachs.
Which companies did Tesla buy?
Tesla has hired some organization to run its business successfully. Tesla has bought 6 organizations.
DeepScale, Maxwell Technologies,
Perbix,Grohmann Engineering,
SolarCity,Riviera Tool LLC.
What is Tesla's Future Plan?
Tesla is expanding its business, all over the country.
The company is planning to launch Model-Y. It has the capacity to run 340 miles per hour. Its Manufacturing Cost is $39000 to $60000...
Comments
Post a Comment