...Ruiz 1 History 12 17 June 2015 Nikola Tesla: The Father Of Electricity Nikola Tesla was born on July 10, 1856 in what is today the Republic of Croatia. Tesla grew up in a time where young men had two choices in their lifelong professions, join the army or be a priest. His dad being a priest, one would think a young Tesla would follow in his footsteps, but he didn’t. Luckily for Tesla his love and passion for electricity and inventing would lead him to Joanneum Polytechnic School in Graz, Austria. This is where his professor Jacob Poeschi brought a generator to his physics class and author Stephanie Sammartino McPherson states in her book ar of The Currents that while W watching the dynamo perform, Tesla thought it was needlessly complicated (page 16). When Tesla voiced his opinion, his teacher didn’t like that very much. Poeschi would spent the rest of the class explaining why Tesla’s idea would not work. Tesla was humiliated by the criticism of his teacher, but he didn’t let it sway him.He believed in his heart that he could make a system for powering machines with alternating current. There is something about great thinkers and the way they use criticism and negative energy to fuel their own inventive power, and Tesla was no exception. One afternoon while walking through the park in Budapest with a good friend. The setting sun brought on a spark of inspiration inside Tesla's mind. Dropping to the ground, he grabbed a nearby twig and started to draw a diagram in the dirt...
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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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...Tesla Model 3 prospects in China Tesla Motors unveiled its most affordable car so far, the Model 3 at the end of last month. The company is offering a reservation for a down payment of roughly $ 1000. As a result of such easy deal for such a charming thing, the company has received almost 400,000 pre-orders for its new Model 3 sedan. The excitement was already evident with hundreds of Tesla fans across the US and other main markets seen lined up outside dealerships before the car was even officially unveiled, and Tesla received more than twice the Model 3 pre-orders it expected. Model 3 starts with $ 35,000 for its basic model which has at least 215 miles of range. However, there is close to a year before the production version comes out. It...
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...Equity Research Industrials | U.S. Autos & Auto Parts 12 February 2015 Tesla Motors Inc. Another reminder of challenges ahead EQUAL WEIGHT Stock Rating Unchanged NEUTRAL Industry View 4Q print validated concern that crossing the chasm is tougher than it looks: Last week we caught the ire of Tesla bulls by lowering our estimates based on concerns about production delays and rising opex and capex (see “Crossing the chasm is tougher than it looks”). The 4Q print validated many of those concerns. Behind an EPS loss of 13c vs. consensus +30c were several soft spots – Tesla missed 4Q deliveries and guided softly for 1Q’15, ZEV credits artificially boosted results, opex grew faster than expected, and capex was guided well ahead of our conservative model. The result reinforces that Tesla’s push to become a mass market OEM is much harder than it looks. We reiterate our EW rating and remain cautious on the stock near-term. Unchanged USD 190.00 Price Target lowered -5% from USD 200.00 Price (11-Feb-2015) USD 212.80 Potential Upside/Downside -11% Tickers TSLA 26681 Shares Outstanding (mn) Don’t get caught up with ambitious mid/long-term targets…: Despite the weak quarter, there was enough to keep the die-hard bulls interested. Our take - don’t get caught up in it. On the demand side, Musk noted Tesla could reach its ‘15 S/X delivery guide of 55k even ex. China, and has a “secret weapon” which could be deployed later ...
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...International Expansion Report Tesla Motors, Inc. November 21, 2011 Rio Consulting Group Michael Dawes James Hadel Daniel Ma Simon Qin International Expansion Report | Tesla Motors, Incorporated | Rio Consulting Group Executive Summary Founded in 2003, Tesla strives to design, develop, manufacture and sell high-performance fully electric vehicles and advanced electric vehicle powertrain components. Currently, Tesla’s presence internationally is limited to dealerships in Europe and a minor production plant in Britain. In order to be best positioned moving forward, we recommend expanding into Latin America and Asia Pacific to better fulfill CEO Elon Musk’s primary goal to commercialize electric vehicles all the way to mass market. As we predict slow growth for the standard auto industry, we believe the electric vehicle industry is extremely attractive for several reasons, including high oil prices, less greenhouse gas emissions and government incentives. Our best estimates suggest the electric vehicle industry will have average growth rates of 35 – 40% over the next 10 years. International expansion, if done correctly, can help improve upon Tesla’s current strategic position in order to become the global leader in electric vehicles. We have determined that the optimal points of entry for the market are in Brazil and Singapore. In addition to gained access to the two fastest growing regions in the segment, the two locations are attractive for many political, economic,...
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...Tesla Motors 1. Should BMW expect Tesla to grow into a strong direct competitor like Audi, versus Tesla being limited to a niche or being just a flash in the pan? PRO Tesla is already profitable; costs will go down over time (especially battery); incredible product and it will be even more attractive once “newness” factor [fear of something new] goes away; Resale value guarantee; most people don’t need range and battery will improve and can be swapped; hard for traditional manufacturers to make electric cars; proprietary charging stations. CON Tesla is not profitable; costs will rise and price has to come down; niche product [less attractive once newness wears off]; people don’t trust electric cars; range anxiety; If (once) market takes off BMW just jumps in [let tesla experience learning costs]; many other alternative energy sources. 2. Is Tesla at a competitive advantage or disadvantage? How will that evolve? 3. What do you think of Tesla’s entry strategy? KISS [Keep its strategy simple] they build a better car, faster and at lower costs. BUT, easily imitated. 4. What barriers did it have to overcome? Brand, distribution network, service network, production plants, production know-how, supplier network, design and costs know-how, lack of acceptance of ‘electric car” 5. Should Nissan learn something from Tesla’s approach? Probably “no”. 6. Will other firms follow in Tesla’s footsteps? Probably no. 7. Do you think Tesla’s secret...
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...Wireless Electricity Devry University Tech, Society, and Culture Professor February 24, 2013 Table of Contents I. Wireless Electricity: Explanation and History 3 II. Political and Legal Influences 10 III. Economic Questions and Considerations 16 IV. Wireless Technology with Today’s Culture 20 V. Ethical Implications of Wireless Power 26 VI. Environmental Impact 30 VII. Bibliography 33 ABSTRACT: Wireless electricity is not a new idea, but it has recently become revitalized. This paper looks at the different facets of this invigorated technology. First, it talks about what wireless electricity is and the different approaches of producing it. The paper also talks about the history of wireless electricity and what social factors have motivated it to become invigorated. Next, the government involvement and political issues are talked about. Wireless electricity will also affect the economy so its economic impact is also a topic that is discussed. The psychological and sociological effects of wireless electricity will also be well-thought-out in the next section. The cultural background of this technology is studied and highlighted in American culture. Every technology needs to be examined in detail for its effect on the environment and wireless electricity is no different. The last section of this paper talks about the moral and ethical...
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...April 18, 2013 Consumer Goods Tesla Motors, Inc. Ticker: TSLA Recommendation: Buy Current Price: $43.75 Implied Price: $50.88 Investment Thesis Tesla offers a competitive product that takes advantage of the current global “green” trend in an industry of heavy concern Tesla is expanding in the United States and overseas while simultaneously offering new products that are already in high demand Management has a proven history of success and is passionate about making Tesla a respected brand in the automobile industry Tesla is beginning to become profitable and expand margins while growing at the same time Tesla’s strategic partnerships with Daimler AG and Toyota position the firm for future success Key Statistics 52 Week Price Range 25.52-46.68 50-Day Moving Average 38.29 200-Day Moving Average 34.35 Beta Market Capitalization 3-Year Revenue CAGR 1.49 5,010.16M 52.40% Trading Statistics Diluted Shares Outstanding 107.35M Three-Year Stock Chart Average Volume (3-Month) 2,212,250 9.96X Margins and Ratios Gross Margin (LTM) Cash Ratio (LTM) Current Ratio (LTM) Debt to Enterprise Value 7.28% 14,000,000 $30.00 12,000,000 10,000,000 8,000,000 $15.00 6,000,000 4,000,000 $5.00 EV/Revenue (LTM) $35.00 $10.00 38.46% 16,000,000 $20.00 Insider Ownership 18,000,000 $25.00 69.60% 20,000,000 $45.00 $40.00 Institutional...
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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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...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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...Wal-Mart uses technology to improve productivity, communicate more efficiently and track customers and goods daily. In fact, most of the success relies on technology for almost every aspect of their business. Although there are many types of technology available, going digital doesn't have to intimidate business owners. It can all be broken down into understandable chunks of functionality. Wal-Mart systems keep track of every item in their inventory, ensuring they do not run out of stock or order too much. When new inventory arrives, the system is updated to reflect the additions and when it is sold, it is deducted from the totals. Wireless devices are now capable of doing everything from making a phone or talking over a “walkie-talkie” to using the Internet or company network to run applications and send memos. Wireless technology is quickly evolving, with products like the iPad and Blackberry taking the place of paper and writing utensils, distributing information immediately from any location where a signal is available. While new technology can empower employees in ways that were never even dreamed of five years ago, it's important to remember that most new software and equipment requires some sort of a learning curve and adjustment period during which productivity will not be at its peak. Planning for any necessary training to accompany the introduction of new technology or software to ease the pain of newness and to allow productivity improvements to be attained in the...
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...AT&T Historical Perspective AT&T Wireless according to their licenses that they have with the Federal Communications Commission (FCC) has the potential to serve 99% of the United States (US) population because of the territories that’s covered by their licenses. Currently AT&T Wireless serves more than 20 million subscribers. Through AT&T’s WorldConnect services all their subscribers can get services in more than 100 countries (Funding Universe, 2011). The origins of AT&T Wireless stems from the merger between AT&T Corp with McCaw Cellular Communications. The development of wireless technology first began with AT&T Corporation, where cellular technology was invented 1947 in the Bell laboratories for law enforcement (Funding Universe, 2011). The main reason these systems were developed for law enforcement was so that patrol cars can stay in contact with each other, because prior to this they communicated through radio frequencies which tend to collapse if too many patrol cars were using it. AT&T engineers solved the solution of the issues with the radio frequency by creating special transmitters capable of sending calls between patrol cars regardless of what area they were located in this was a precursor to the creation of cellular towers in the 20th century (Funding Universe, 2011). The first actual cellular systems were not developed until 1984 by AT&T Corp. in the cities of Chicago and Washington, D.C. Even though AT&T Corps was the first to develop cellular...
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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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...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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...Radio Frequency Based Remote Controlled Robot with Wireless Video Camera Mounted on It In: Science Radio Frequency Based Remote Controlled Robot with Wireless Video Camera Mounted on ItRADIO FREQUENCY CONTROLLED INTELLIGENT ROBOT Saradindu Naskar Department of Computer Science, St. Xavier’s College Kolkata, India Email: saradindu.naskar@ gmail.com Abstract ─ My military robot has got two barrel turret through which bullet can be fired; radio camera in synchronization with the turret can rotate up and down, left and right up to a safe firing limit. Turret and camera mechanism has been installed on my robot vehicle, which has all the function like tank, turning to any angle on its axis, moving forward and reverse turning left and right, running instantly into reverse direction. This robot is radio operated; self powered, has image processing facility and has all the controls like a normal car. A pair of laser gun has been installed on it, so that it can fire on enemy remotely when required; this is not possible until a wireless camera is installed. Wireless camera will send real time video and audio signals which could be seen on a remote monitor and action can be taken accordingly. It can silently enter into enemy area and send us all the information through its tiny Camera eyes. It is designed for, fighting as well as suicide attack. Keywords─ISO, robot, DARPA, DSTA, RF, cockroach intelligence. or mobile for use in industrial automation applications. “ All these definition...
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