Abstract
In 2003, Elon Musk worked with Martin Eberhard and Marc Tarpenning to found Tesla Motors. They currently have over six thousand employees and Tesla cars are on the road in 37 countries. In April 2004, Billionaire PayPal founder Elon Musk invested in Tesla Motors and joined the Tesla
board. Tesla was approved to receive US 465 million in interest baring loans from the US department of Energy, this then helped produce the Model S. In 2013 they repaid the loan and became the first car company to have repaid the US government.
48 states have laws that limit or ban manufacturers from selling vehicles directly to consumers, and even though Tesla Motors has no independent dealerships, dealership associations in multiple states have filed numerous lawsuits against Tesla Motors, trying to block the company from selling cars in some states. The Tesla Motor Company has created a trio line up of vehicles. With help from others, Elon Musk was able to produce the Tesla line up. This trio of cars includes the Model S, the Model X, and the Roadster.
As the product architect and CEO of Tesla Motors, Musk implemented his plans to perfection including zero emission cars with the ability to go nearly three hundred miles per charge. Tesla is a leader in selling online cars, a tactic they use in order to cut out people interaction with salespersons. Online Auto purchasing has become big since the beginning of the Internet and Tesla has used this to create a costumer fuel purchasing environment online. While Tesla continues to bring new products to the table, there remains a majority of areas.
As Tesla continues to grow as a company, the goal of the company is to revolutionize the car industry
and the being of the world.
Metadata
Item Type: | Entrepreneurship Project |
---|---|
Creators: | Creators Email / ID Num. Abdullah, Muhammad Alif Aqasyah 2019430938 |
Contributors: | Contribution Name Email / ID Num. Advisor Mat Rusok, Nur Hazelen UNSPECIFIED |
Subjects: | H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty H Social Sciences > HD Industries. Land use. Labor > Small business. Medium-sized business H Social Sciences > HF Commerce > Success in business. Performance |
Divisions: | Universiti Teknologi MARA, Kelantan > Machang Campus > Faculty of Computer and Mathematical Sciences |
Keywords: | Tesla, car company, electric cars and transport |
Date: | 2021 |
URI: | https://ir.uitm.edu.my/id/eprint/57885 |
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