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9) In Strategic Management theroy: Please provide 2-3 paragraph Conclusion summary of Tesla Motors case study. The function fo the Conclusion is to restate the
9) In Strategic Management theroy:
Please provide 2-3 paragraph Conclusion summary of Tesla Motors case study.
The function fo the Conclusion is to restate the main argument. It reminds the reader of the strengths of the argument: that is, it reiterates the most important evidence supporting the argument.
CASE TESLA MOTORS, 2015 In 2015. Tesla Motors was a $3.2-billion company HISTORY OF TESLA on track to set history. It had created two cars tha most people agreed were remarkable. Cons er Reports had rated Tes s Model S the best car it h In 2003, an engineer named Martin Eberhard was was not yet posting profits ever reviewed. Though slim man with ooking for his next big project. A tal and 2), sales were growing rapid y and see Figures a mop of gray hair. Eberhard was a serial entrepreneur analysts were hopeful that profits would soon follow who had launched a number of start-ups, including a It had repaid its government loans ahead of the ma company called NuvoMedia, which he sold to Gemstar ooked o conglomerates. Most impor on deal. Eberhard was also looking for a n a $187-mi or a like it might survive perhaps eve rive. This sports car that would be environmentally friendly he Vas astonishing, because there had been no other success- had concerns about global warming and U.S. depen e United States ful ar uto manufacturing start-up dence on the Middle East for oil. When he didn't find since the 1920s the car of his dreams on the market, he began contem The road leading up to Tesla's position in 2015 plating building one himself, even though he had zero always been smooth, and many doubts s had no experience in the auto industry. Eberhard noticed tha ngered. Tesla had benefited from the enthusiasm of y of the driveways that had a Toyota Prius hybrid rather narrow portion of the the eco-wealthy electric vehicle (or "dorkmobile she called it)also had market. How would Tesla fare when it was in direct expensive sports cars in them, making him speculate on with General Motors, Ford, and Nissan at there could be a market for a high-performance, compe for the mass market? Would it be able to turn a sus environmentally friendly car. As Eberhard explained tainable profit on its auto-making operations? Fur lt was clear that people weren't buying a Prius to thermore, some questioned whether Tesla's goals to save money on gas Gas was selling close to inflation ll to the mass market even made sense. In the nich adjusted all-time lows. They were buying them to make it had a privileged position with customers a statement about the environment marke who were relatively price insensitive and seeking a Eberhard began to consider a range of alternative stylish, high-performance car hat made a fuel options for his car: hydrogen fuel cells, natura n environ mental statement. To compete for the mass market. gas, diesel. However, he soon concluded that the high the car would have to provide good value for the est efficiency and performance would come from an money (involving trade-offs that might conflict with entirely electric vehicle. Luckily for Eberhard, AlCo Chairman Elon Musk's ideals), and the obstacles to coni (founder of AC Propulsion and one of the orig charging would have to be overcome nal engineers for GM's ill-fated EV-1) had concluded C-243 CASE TESLA MOTORS, 2015 In 2015. Tesla Motors was a $3.2-billion company HISTORY OF TESLA on track to set history. It had created two cars tha most people agreed were remarkable. Cons er Reports had rated Tes s Model S the best car it h In 2003, an engineer named Martin Eberhard was was not yet posting profits ever reviewed. Though slim man with ooking for his next big project. A tal and 2), sales were growing rapid y and see Figures a mop of gray hair. Eberhard was a serial entrepreneur analysts were hopeful that profits would soon follow who had launched a number of start-ups, including a It had repaid its government loans ahead of the ma company called NuvoMedia, which he sold to Gemstar ooked o conglomerates. Most impor on deal. Eberhard was also looking for a n a $187-mi or a like it might survive perhaps eve rive. This sports car that would be environmentally friendly he Vas astonishing, because there had been no other success- had concerns about global warming and U.S. depen e United States ful ar uto manufacturing start-up dence on the Middle East for oil. When he didn't find since the 1920s the car of his dreams on the market, he began contem The road leading up to Tesla's position in 2015 plating building one himself, even though he had zero always been smooth, and many doubts s had no experience in the auto industry. Eberhard noticed tha ngered. Tesla had benefited from the enthusiasm of y of the driveways that had a Toyota Prius hybrid rather narrow portion of the the eco-wealthy electric vehicle (or "dorkmobile she called it)also had market. How would Tesla fare when it was in direct expensive sports cars in them, making him speculate on with General Motors, Ford, and Nissan at there could be a market for a high-performance, compe for the mass market? Would it be able to turn a sus environmentally friendly car. As Eberhard explained tainable profit on its auto-making operations? Fur lt was clear that people weren't buying a Prius to thermore, some questioned whether Tesla's goals to save money on gas Gas was selling close to inflation ll to the mass market even made sense. In the nich adjusted all-time lows. They were buying them to make it had a privileged position with customers a statement about the environment marke who were relatively price insensitive and seeking a Eberhard began to consider a range of alternative stylish, high-performance car hat made a fuel options for his car: hydrogen fuel cells, natura n environ mental statement. To compete for the mass market. gas, diesel. However, he soon concluded that the high the car would have to provide good value for the est efficiency and performance would come from an money (involving trade-offs that might conflict with entirely electric vehicle. Luckily for Eberhard, AlCo Chairman Elon Musk's ideals), and the obstacles to coni (founder of AC Propulsion and one of the orig charging would have to be overcome nal engineers for GM's ill-fated EV-1) had concluded C-243Step by Step Solution
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