Question

What is the purpose of the Tesla and its reason for existence in the marketplace, and other general information about the organization, operations, marketing, finance, and technology?

Answer 1

ANSWER:

Tesla Motors was established in the year 2003 by Martin Eberhard and Marc Tar penning Silicon Valley engineers, as an electric car production, in the year 2006 the company hurled the production of the first electric sports car that was called as the Roadster which eventually sold 2,250 numbers of vehicles. The main goal of Tesla is to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to the system as early as possible.

The most significant features in Tesla's Motors organizational structure are its international hierarchy, centralization and minimal regional division; and the company uses the structure to facilitate it's extensive control of the organization. Tesla motors adopted a flat/horizontal organizational structure with the CEO at the top making decisions who then delegating authority to middle level that finally passes to lower level manager. Tesla Motors benefits from having flat organization structure because of the improved communication process and faster decision-making, eliminating delays and time lag. Tesla motors have different board of directors and committee structures which benefits in the effective running of the business

Tesla has been innovative in is their industry and marketing. It's the first automotive company to put into production a long range high performance EV for the usage of consumer. It created electric cars that exceed the utility and usage of all other car types, including urban and long journey driving. Also the company's marketing strategy has been paying off. It's market value has rose significantly due to the hype. Both customers and investors are pouring in, guaranteeing Tesla’s financial security for a long duration.

Tesla Motor Inc. shares its technique to their competitor. In consumers and competitors’ eyes it is an incredible action of sharing their technique deeply to the competitor. It might be helpful in changing the vehicle market, and thus people evaluate to the electric car. The company also shares its experience for producing more electric charging stations to convenience the electric car’s owner. The spirit of the company should be encouraged by all persons.