Analyzing Tesla Company With A Short History - 275 Words

Analyzing Tesla Company With A Short History (Essay Sample) Content: Tesla CompanyName:Instructor:Institution Affiliation:Department:Date:Background historyTesla Motors is a world-well known American car manufacturer that specializes for the most part in producing electric vehicle powertrain segments and electric cars. In spite of the fact that the organization has existed for a long time, the Tesla Motors history still appears to have an amazingly intense effect. It is named after the physicist and electrical engineer Nikola Tesla and was incorporated by Marc Tarpenning and Martin Eberhard in 2003. Ian Wright, JB Straubel, and Elon Musk, later joined the partnership. Presently, all the five members are regarded as founders of TeslaMotors. Both men are in charge of what the organization is today are as yet dealing with presenting business electric vehicles around the globe (Vynakov, Savolova, Skrynnyk, 2016).CurrentOperationsTesla motors designs, develops and manufactures as well as sells electric cars and energy storage products. The Company produces and sells two electric cars: the Model S car and the Model X sport utility vehicle (SUV). The Company has made deliverables more than 107,000 Model S vehicles over the world (Vynakov, Savolova, Skrynnyk, 2016). Notwithstanding building up its own particular vehicles, it offers energy storage items. Its energy storage items incorporate the seven kilowatt-hour and 10 kilowatt-hour Powerwall for private applications, and the 100 kilowatt-hour Power-pack for business and modern industrial applications.The Company competes with BMW, Audi, Lexus, Daimler, Mercedes, Nissan, Ford, Fiat, Mitsubishi, Porsche, Volkswagen, General Motors, Volvo, Honda and Toyota.RecentFinancialPerformanceTesla Company is doing exemplarily good as per the current standings and the previous financial year performances. In terms of its financial ears revenues, Tesla has been on the positive curve with a continuous progress of March 14th 2014 financial year it had 769.35 of the total revenues and -0.403 of the market share, in Mar '15 Tesla had 939.88 as total revenue and -1.224 and -1.224 market share and finally in financial year Mar '16 it had 1,147.05 as total revenues and-2.127 as market share which is a consistent increase of...