Answered Essay: How is Tesla (Honda) positioned to be successful in 2017? This paper should be 3

How is Tesla (Honda) positioned to be successful in 2017?

This paper should be 3 double-spaced and written in Times New Roman, 12 Point. Be sure to include an APA-formatted running header atop each page. Your citations should also be in APA format, including the “hanging indent.”

This paper should access the following as part of your research: a scholarly article found in an academic journal, a news story in a reputable major newspaper (e.g., New York Times, Wall Street Journal, etc.), the company website, and a web article.

Expert Answer

Tesla is an innovator, it has with its several ground-breaking offerings changed the dynamics of Electric cars. 5 years back the nature of business other electric car manufacturers used to do has changed completely and after introduction of Tesla in its new varieties the industry is more positive about its own future.

The revolution of Tesla began in 2009 when the then chairman, Elon Musk invested his own money worth more than 70 million dollars, and then became the CEO as well. With this Tesla started its journey of making it big. It sold 2250 Roadster models in next 4 years. It also introduced Model S, which was their first of many landmark cars. With this they came into the family car range.

Tesla went public in 2010 and was the first US company after ford to do so. One very important thing to note is it was loaned close to 500 million dollars by US Department of Energy    , and all of the loan was paid by 2013, which was nine years early. The shares kept rising and investors kept pouring money with the introduction of new models and enw capabilities. Today they have charging stations in every part of the country but still not there where they want to be.

In 2017 there are a lot expected from them, currently one of the major concerns Tesla has is the delivery time, they have been lagging, according to their press release, but getting back to the deliveries, here’s Tesla’s statement:

Tesla delivered just over 22,000 vehicles in Q2, of which just over 12,000 were Model S and just over 10,000 were Model X. This represents a 53% increase over Q2 2016. Total vehicle deliveries in the first half of 2017 were approximately 47,100.

The major factor affecting Tesla’s Q2 deliveries was a severe production shortfall of 100 kWh battery packs, which are made using new technologies on new production lines.

In addition to Q2 deliveries, about 3,500 vehicles were in transit to customers at the end of the quarter. These will be counted as deliveries in Q3 2017.

–Tesla press release

All these are done to calm down invertors and keep ease on the stock market. Theya are a dynamic company, new releases, new features every now and then but every such action casuses either great response or is seen as a set back. And so in 2017 especially Tesla has been regularly updating shareholders and calming their nerves.

The good news for the estimated 400,00 reservations holders is, Model 3 production began on In July as per CEO Elon Musk and is a good sign for all owners and to be owners. And along with that Musk has said that the company’s next-generation Roadster will be able to beat the Model S, but that we shouldn’t expect one for a few more years. There have been reports that Tesla’s new Roadster will launch in 2019, but an exact date hasn’t been confirmed but its pre launch will be in 2017. So expectation will be set very early.

It wants to double the number of Superchargers, but have them all run on solar power as well, Perhaps the biggest perk of owning a Tesla is access to its massive Supercharger network, which can restore 170 miles of range in just 30 minutes. Tesla plans to double the number of Superchargers by the end of the year.

Tesla also wants its entire network of Superchargers to run on solar power and batteries, and is planning for that conversion.

Tesla has also jumped on in the Auto drive cars and to start working on it extensively and collaborating with all users it will have Tesla cars equipped with eight cameras to help power Autopilot, but owners will not able to see the video stream without a dashcam.

Tesla plans to release an Uber competitor called Tesla Network, but it’s unclear when we can expect it to go live. It looks like Tesla won’t make a push into the ride-hailing business until it’s self-driving tech is ready. Musk’s vision for Tesla Network involves users adding their car to a shared fleet, which can then autonomously pick-up other people up. This would generate income for Tesla owners while they are on vacation or at work.

Tesla also plans to install the world’s biggest battery in Australia by end of 2017.





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