...Tesla China Explain your choice of the 3 potential target markets - why these? • Which issues in the economic, cultural and political environment will the company have to consider when entering 3 new markets you suggested? How are those issues likely to impact? d. Suggest modes of entry for the new markets. 1.Tesla’s battery recharged with charging ponts. Tesla Motors said it would partner with China’s second-largest mobile phone company, Unicom, to build a nationwide network of charging points for its electric vehicles. The companies have signed a deal to build charging points at 400 China Unicom stores in 120 cities, and will also set up supercharging stations in 20 Chinese cities. The provision of charging infrastructure in China is seen as key to growing sales of electric vehicles there. It’s expected that the charging points will be completed by the end of this year and open to Tesla customers for free. Tesla CEO has said he wants to invest heavily(!) in a recharging infrastructure for the country where EV sales have been slow despite central and local government subsidies(!) which started in 2009. 2. The Chinese government has been encouraging consumers to buy electric vehicles as one of the solutions to the country’s pollution problems, but the effort has been hindered by lack of charging infrastructure. Also,the Chinese government has set a goal – 30 % of all cars sold in Chinese market have to be EV to the beginning of 2016. 3. Panasonic Corporation...
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...Daniel Ammar Ziv Livne Guillaume Lesouhaitier Date: 11 December 2013 Group Assignment December 2013 High-Technology Acquisitions DAIMLER | TESLA MOTORS -i- Contents Page 1 2 3 4 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 5 5.1 5.2 6 6.1 6.2 6.3 7 8 8.1 8.2 INTRODUCTION ............................................................................................................. 1 ACQUIRER OVERVIEW | DAIMLER ............................................................................. 1 TARGET OVERVIEW | TESLA MOTORS ..................................................................... 3 STRATEGIC APPROACH AND SYNERGIES EVALUATION ...................................... 5 THE ELECTRIC VEHICLE MARKET ................................................................................... 5 DAIMLER'S MOTIVATION TO ENTER THE MARKET............................................................. 6 DAIMLER'S MOTIVATION TO ACQUIRE TESLA ................................................................... 6 DAIMLER ADVANTAGE TO ACQUIRE TESLA OVER COMPETITORS ........................................ 7 MOVE FROM PARTNERSHIP WITH TESLA TO ACQUISITION ................................................ 7 TESLA'S MOTIVATION .................................................................................................... 8 DAIMLER AND TESLA SYNC ............................................................................................ 9 TECHNOLOGY STRATEGY MATRIX ............................
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...other industries. Therefore, successful industry tends to be associated in clusters of related industry. Strategy, Structure, and Rivalry It refers the conditions for organization of companies, and domestic rivalry. Porter emphasizes on the role of domestic competition in innovation, quality and improving of competitive advantage. According to the Tesla Motors case B, The Company is seeking to expand and grow their business through international expansion. Tesla had opened 17 new sales locations, extending in North America, Europe and Asia as well as establishing about 50 stores internationally over the next few years (Rothaermel 2013). While Tesla has been entering in foreign markets, the study will describe how Tesla can take benefit from investing a manufacturing plant in India by three primary factors (KPMG 2014) 1. Low manufacturing and labour cost 2. The historical trends: The statistic of foreign investments and ability to successfully trade to be satisfaction. 3. The legal framework: Investment security and flexible financial management. According to the Porter’s nation diamond model, it is being placed in many aspects related industries in term of cost savings and allow Tesla to produce efficient output. Furthermore, here is the critical analysis regarding how Tesla will take benefits from establishing the manufacturing plant in India by using the Porter’s nation diamond model. They were over 1,000 engineering colleges and a growing...
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...Tesla is a growing motor vehicles company founded in 2003 by a group of fearless Silicon valley engineers who set out to prove electric vehicles are practical and awesome. Martin Eberhard and Marc Tarpenning were responsible for creating the company. Leading the first investment was Elon Musk in February of 2004. In 2008 the company released the Tesla Roadster, to which there was no equal. The electric vehicle drives emission free in 37 countries. Tesla registered for an Initial public offering during January of 2010 and began trading on the NASDAQ exchange in June of the same year. When the market opened, shares sold at $17 dollars. At closing the price per share was $23.89, an increase of 40.5%, netting Tesla 226.1 million in funding. Investors saw potential in a company with a vision of the future that was back by an emerging Elon Musk. Elon Musk was born June 28, 1971 in Pretoria, South Africa. After earning a degree in physics from the Universty of Pennsyvania and a degree in business from the Wharton School at UPENN, Musk started Zip2. The web software company was sold for $307 million dollars. He received 7% or $22 million dollars from the sale. Musk moved on to co-found PayPal which was aquired by E-bay in 2002 for $1.5 billion in stock. The early growth of PayPal can be credited to the campaign created by Musk. Waisting no time, Musk founded his third company, Space Exploration Technologies(SpaceX), in 2002. With Musk as the CEO and CTO, SpaceX would become the first...
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...Nikola Tesla Nikola Tesla once stated, “The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite insane”. Ostracized from society, Nikola Tesla became one of the most influential and genuinely intelligent inventors of all time. Tesla was born on July 10th of 1856 and grew up in Smiljan of the Austrian empire, or modern day Croatia. He attended secondary school at Gymnasium Karlovac in Karlovac, Croatia, and furthermore studied at the Graz University of Technology in Austria, as well as Charles-Ferdinand University in Prague. However, when struck by disease at age 86, Tesla died in New York City, New York on January 7, 1943 due to incurable coronary thrombosis. His current resting place is at the Nikola Tesla Museum in Belgrade, Serbia, and his urn is on display...
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...FRANK T. ROTHAERMEL DAVID R. KING Tesla Motors, Inc. January 1, 2015. Elon Musk, chief executive officer (CEO) of Tesla is taking it easy on this New Year’s Day. While having his coffee, he scrolls through some recent issues of The Wall Street Journal on his iPad. A headline from one current story jumps out at him, “Gasoline prices have declined for 88 consecutive days, the longest streak of falling prices on record.”1 The slide in gas prices, which began in September 2014, also happened to coincide with the slide in Tesla Motors (TSLA) stock. With increasing oil, and therefore gas, prices, people had an incentive for purchasing electric cars. Now with gas prices drop- ping, the incentive to buy would start to become less of one, and the demand for the product would probably drop. This was one of the challenges facing Musk on this New Year’s Day. In addition to hav- ing to contend with lower selling costs due to rising production, Tesla was also confronting increasing competition and economic headwinds that were likely going to lower the demand for electric cars. Musk is a serial entrepreneur longing to leave a legacy, and he believes that Tesla just might be the company that will help him leave his mark. He has a large profile already and has been described as “Henry Ford and Robert Oppenheimer in one person,” as well as “Tony Stark, the eccentric inventor better known as Iron Man.”2, 3 (In fact, Musk made a cameo appearance in Iron Man 2.) But, with sev- eral pressing...
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...gasoline only vehicles that will help decrease the environmental footprint of Lotus Rental Cars. Cost of Vehicles The current vehicle, the 2014 Lotus Evora S, is the primary vehicle in Lotus Rental Car fleet. The Lotus Evora S has a base price of $69,965 to $81,465 (Hearst Communications, Inc., 2015). The cost of the Lotus depends on what options and features are added to or come with the vehicle. The two new alternative fuel vehicles to be added to the fleet, the 2014 Cadillac ELR and the 2014 Tesla Roadster Model S, cost around the same as the Lotus Evora S. The General Motors (2015) website shows that the Cadillac ELR has a base price of $75,995 to $82,135. The price of the vehicle changes depending on what size engine, options, and features are put into the vehicle. The Tesla Motors (2015) website has the Tesla Roadster Model S priced from $71,070 to $105,670. This price range also depends on the features that are installed on the car. Both the Cadillac ELR and the Tesla Roadster Model S have comparable prices, engine sizes, options, and features...
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...mattered to Tesla all he wanted was to create something that everyone loved. Tesla did not have the greatest relationships with other inventors such as Thomas edison and their conflict over AC and DC. Nikola Tesla was born July 10, 1856 in Smiljan, Croatia. Growing up Nikola had a strong interest in electrical inventions which he acquired from his mother who would often invent home appliances in her spare time. Nikola attended school at Gymnasium Karlovac and then later arrived at the Graz University of Technology. Tesla soon became an electrical and mechanical engineer. He would also soon become a famed Inventor.Tesla first arrived in the united states in 1884 and began working with another famous inventor, Thomas Edison. The two did not work together for a long period of time due to a business-scientific conflicting relationship. After a long life of hard work and perseverance Tesla retired from the inventing business and soon died alone...
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...Nikola Tesla, commonly known as The Wizard, was a man known for his brilliant ideas of grand proportions. Though the two articles, Nikola Tesla and the Story Behind his Genius by Leah Binkovitz and The Rise & Fall of Nikola Tesla & his Tower, give an account for the life and achievements of Nikola Tesla, they have vastly different perspectives. These articles have many similarities, but one of the biggest differences is their interpretation of Tesla as a man. While the article Nikola Tesla and the Story Behind his Genius shows Nikola as a remarkable man going on to call him, “a maverick [in both business and in science]” (Binkovitz, pg. 3). The Rise & Fall of Nikola Tesla & his Tower gives a bleak description of Tesla and his life. The introduction...
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...Nikola Tesla was a great innovator. In his life, he invented many products, obtaining over three-hundred patents. Although all of these inventions were important, one major invention changed the world by helping fuel the Industrial Revolution. Inventor Nikola Tesla created the first alternating current (A.C.) motor. This famous inventor, Nikola Tesla lived from July 10, 1856 until July 7, 1953 (Nikola Tesla Master of Lightning, 1). He spent his early childhood in Smiljan, Croatia. As the son of a minister, he frequently moved around Croatia with his family, attending several different good quality primary and secondary schools. After his father’s death, his uncles raised enough money for Tesla to move to Prague to attend college (Tesla Biography, 2). Although never officially obtaining a degree, he audited classes and obtained a college level education at the University of Prague. In 1884, he moved to the United States of America and resided in New York, New York for the rest of his life (Tesla Biography, 3). Mainly working for Thomas Edison, then Westinghouse, Nikola Tesla created many interesting inventions. Most importantly, working in his small laboratory in Manhattan, New York, he invented the alternating current (A. C.) motor, in 1892. He obtained a patent on this A.C. motor in February 25, 1896 (Tesla Patent...
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...There are a lot of questions to ponder on questions like how do you measure the impact it has made to civilization, does it lead to further innovation or an end product in its own, what negative impact has it had to our world? All these questions are valid questions and lead to me being very subjective on this topic while selecting my 3 innovators and their inventions. Nikola Tesla, one of the most unsung inventors of all, he was arguably the greatest inventor of all time his portfolio included the electrical coil, radio waves and a host of other patents which he still owns till this day. Tesla was born in 1856 in in the Austrian Empire now the modern day Croatia; he was an electrical and mechanical engineer, a physicist and above all an inventor holding over 300 documented patents in the fields of science and technology. What makes him so great was his aspiration to move the human race forward through his inventions, his patents were “freeware” he was not stringent on people stealing his ideas and using it “I don't care that they stole my idea…. I care that they don't have any of their own”- Nikola Tesla. His most prominent inventions are the AC (Alternating Current); which developed polyphase alternating current system of generators, motors and transformers which were a huge usurper to the DC (Direct Current) Technology which...
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...Sharp • Known for its televisions • Origins in mechanical pencils • With Sharp struggling as a consumer-electronics company, the company will ramp up an experiment they started in July, 2013 – Strawberry farming. • Sharp’s LED lights, sensors, and air-purification system are key inputs into the growth of the strawberries. • Will not enter business of selling strawberries. • The company wants to create an agricultural engineering business that will focus on factory design, technology that monitors growing conditions, and maintenance. • The company will also begin to sell sensors that will enable companies to monitor the purification of the air. • Shift from consumers to business customers. Since Sharp’s conception, they have had two major shifts in their core business. Originally a mechanical pencil maker, the company has, now, long been known for consumer electronics, namely their TVs. With their consumer-electronics suffering, and reporting of a $5.3 billion net loss, the company could be forced to shift their corporate level strategy. Sharp has started a project in which they will be growing strawberries in a controlled location near Dubai. They will be gathering data on how its cultivation techniques work to “achieve stable production of high-quality strawberries.” The company will not enter the business of selling strawberries, but rather an agricultural engineering business that will focus on technology to monitor growing conditions. With that said, Sharp is...
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...Research Paper Wireless Electricity Imagine the following scenario unfolding. Nick has had a long day at work on Friday and is ready to go home. The whole twenty minute drive home all he can think about is how excited he is to take his family on a weekend trip to the beach. As he pulls into his driveway, he notices that the front light isn’t on like usual, but the fact is quickly lost in his mind as a thousand other thoughts are clamoring for his attention. Just as he steps through the threshold of the door, his phone goes off. It’s his wife. Something’s come up, their daughter isn’t feeling well. She tells Nick that they are at the local hospital and is about to tell him to pick something important up at the pharmacy when his phone dies. Panic sets in. The first thought that leaps into his head is what happened to his daughter. The second is what is he supposed to get to help her. After a couple minutes of searching around his house for a charger, Nick is finally able to call his wife back and discover that he was supposed to pick up the allergy medicine his daughter needs. While this situation may seem a bit more dramatic than a normal situation, dead cellphone batteries, and any battery for that matter, are becoming a familiar headache in a wireless world. But what if this headache had a cure? Imagine that instead of Nick’s phone dying once he got home, it started instantly charging once he entered his house. No cord or cable needed, just wireless...
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...Tesla Motors 3500 Deer Creek Palo Alto, CA 94304 650-681-5000 650-681-5101 I. I. Background and Introduction The focus of this analysis is on Tesla Motors and the electric vehicles they design, develop, and manufacture. Tesla Motors was incorporated in 2003 and using technology developed at the headquarters in California the company introduced the Tesla Roadster in 2008 (Tesla Motors, 2010b). On June 28, 2010 the company filed an initial public offering that was accepted by the SEC. They have also become business partners with Toyota Motor Corporation to develop an electronic version of the Toyota RAV4 to be sold in 2012 (Tesla Motors, 2010b). The importance of this analysis is two-fold. First, if a company can successfully develop a fully electric vehicle that is affordable and has mass market appeal it would mark a realistic solution to the diminishing worldwide oil supplies. Second, the technology that would be developed could be used as a springboard for the entire automotive industry. As with any business that is being hinged on new technology, there are significant risks and issues that could potentially be detrimental to the company. Being a new company, there is a very limited operating history for potential investors to go by (Tesla Motors, 2010b). Therefore, future earnings cannot be predicted based on past earnings. The company is losing money and in the SEC filing for the last quarter they state that they expect to keep losing money for...
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...TESLA MOTORS’ DISRUPTIVE INNOVATION Ushnik Dasgupta New York University Global Innovation April 26, 2016 ABSTRACT Tesla Motor’s journey since its foundation in 2003 to being ranked third among the most innovative companies in the world in 2015 according to Fortune (Murray, 2015) and the third most innovative company in the automotive sector in 2016 according to Fast Company (The Most Innovative Companies of 2016: Top Companies by Sector, 2016), demonstrates their ability and determination to upset the status quo and eagerness to disrupt the automotive market by trying to change the global preference towards greener electric vehicles. However, is Tesla’s approach towards this niche market by manufacturing models...
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